Are people suddenly abandoning the idea of buying the dips and HODLing?
I don't understand why people are jumping into all this lending and DeFi crap. It makes no sense sending someone to hold for your Bitcoins all for just a less than 10% interest per Annum. On top of risking your assets with a third party, they are going to give you peanuts as your profits.
A person who bought the deep in March 2020 when BTC reached around $5K and HODLed in his safe noncustodial wallet has already made x8 (800%) profit
as of today while the DeFi gang is still waiting for that 10% 
I don't understand why people are jumping into all this lending and DeFi crap. It makes no sense sending someone to hold for your Bitcoins all for just a less than 10% interest per Annum. On top of risking your assets with a third party, they are going to give you peanuts as your profits.
A person who bought the deep in March 2020 when BTC reached around $5K and HODLed in his safe noncustodial wallet has already made x8 (800%) profit
as of today while the DeFi gang is still waiting for that 10% If there is a market for locking capital to start earning interest, then I believe Lightning should be pushed for this, with the cooperation of developers to build products for it. A pool for “staking” your Bitcoins to open channels in LN, increasing liquidity.