Recently, I came across a few more blockchain game pools, and the more I look at them, the more they resemble an electrocardiogram: a few days ago they were beating happily, and suddenly they flatlined. Basically, it's because the output is too smooth and inflation is too active, everyone just claims a share daily to throw into it, and the small real buy orders in the pool simply can't keep up; you think it's “playing and earning,” but it's actually “issuing and running,” and in the end even market makers are too lazy to set up.

What I fear most is not losing money, but knowing it's just a printing press and still can't resist lining up to claim. Especially now, with the outside still arguing about rate cut expectations and the dollar index, risk assets sometimes rise together and sometimes fall together, sentiment is like the wind, and the structure of blockchain games relying on new entrants to backstop, once the wind stops, it becomes awkward. Anyway, whenever I see the words “high output” or “accelerated release,” I reflexively want to withdraw… for now, that's all.