Without accumulating small steps, one cannot reach a thousand miles; without accumulating small streams, one cannot form rivers and seas."

In the cryptocurrency world, any project that issues tokens must face the issue of tokenomics. Whether it's a native coin, governance token, utility token, or exchange token, tokenomics can be said to be one of the most important indicators for understanding the operational status of a project.

In the Web3 world, the emphasis is on decentralized governance and the openness and transparency of information, with the ultimate goal of achieving a "trustless" mechanism. However, in reality, the vast majority of projects still require teams to operate. As long as there are teams, complete decentralization is difficult to achieve; and as long as true decentralization has not yet been realized, there must be an element of "trust" present. This is the gap between ideals and reality. Apart from Bitcoin, there are almost no projects that can truly achieve complete decentralization. Of course, not being fully decentralized does not mean that a project is unsuccessful. Decentralization is just one core element of Web3, but it has never been the only measure of success