The YT token situation has been rough for early participants. Plenty of investors already taken significant losses—I know someone who got burned on a $10k position alone. It seems like this is a major factor keeping people on the sidelines. Beyond that, the vesting structure isn't exactly attractive either. A 50% lock-up period makes participation feel risky for most people. Between the burn rate and restrictive vesting terms, you can see why participation is slowing down.