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Recently, I looked at a few more blockchain game pools, and honestly, it's just inflation plus output—killing yourself with this setup: at first, they give out tokens like tap water, everyone rushes in to mine, but the higher the output, the less valuable the tokens become. The small amount of real liquidity in the pool is gradually drained, and in the end, all that's left are a bunch of numbers that "look like a lot." It's like an all-you-can-eat buffet with unlimited servings, but the kitchen only prepared three dishes; by the end, it's all just air.
What's even more awkward is that the on-chain sorting issues add more chaos. Retail investors complain about MEV and validator earnings being too lucrative—I understand... You're working hard to move bricks in the pool, but then slippage and front-running happen, and it's like waiting in line to buy bubble tea only to get cut in line and pay extra.
Right now, I focus on two points when looking at blockchain game economies: whether the output depends on new people taking over, and whether the pool depth is enough to withstand volatility. If not, I play less. If I really want to participate, I keep a small position, set tolerable slippage, and don't treat the "game" as a salary. Anyway, I’m just doing secondary arbitrage, so that’s it for now.