And that only applies based upon what stake people have.
Someone might lose some Hive but if they have other layer 2 tokens they are focused upon, unless the downvote has that, it isnt affected. As layer 2 things start to spread, we will see more attention at that level.
I think a lot of applications that offer layer 2 tokens need to increase their use case. I like how Leo and Ecency have done it, with Leo increasing the benefits over time. Some tokens feel like they have bene abandoned, or just became an afterthought.
I would agree although not about those two increasing their use case. It is still rather trivial.
And I think what gets missed is the community is equally involved in generating more use case. People simply do not thing as owners.