How many Layer 1s can coexist?

Do you think that the future of DeFi and smart contracts will accommodate so many Layer 1s like we have now?

Right now it’s pretty tedious to move between them and a lot of people screw it up, especially if they have to deal with EVM compatible and non-EVM compatible.

It’s funny… it used to be that the DeFi degens moved their liquidity from one dapp to another on Ethereum to chase the best returns. Now they move their liquidity from one L1 to another chasing yield. But what will happen when those incentives run out?