A. Their defeat in the Century of Blood. Volantis invested everything it had in trying to recreate the Valyrian empire and it lost everything.
B. Maybe? It depends on how the freedmen and their neighbors respond to emancipation.
(a) What event do you think influenced the gradual decline in Volantis’ fortune the most? Destruction of the Rhoynar city-states, Doom of Valyria, Wars and subsequent expulsion from the Disputed Lands, Dothraki Raids in the Century of Blood, (any other you may think of?)… (b) Dany’s squashing of the Volantene slave trade will trigger a resettlement of the northern Rhoyne?
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