Personally, I am torn on this one, and we don't know how the market will re-act, will we see more people moving on to liquid just for the fee incentive, will wee see more lightning channels on Liquid, could state chains become a thing and then use that state chain UTXO instead? Will we see channel factories reducing the need to hit the chain to rebalance and create channels, all this could offset some of the need to touch the chain