My phone just popped up a red dot again: blockchain game “limited-time bonus” “the pool is almost full”… I tapped in to take a look, and then closed it. Honestly, a lot of pools don’t collapse because there are no users—it's because the way the output is written is way too enticing. Inflation runs faster than new demand. The people who earn early only want to sell as soon as possible, and those who come later end up becoming bag-holding fuel. The more aggressively the rewards are pushed, the more everyone treats it like a paycheck—no one truly wants to spend or lock their assets in it, so the loop breaks.

The recent airdrop season is the same. Task platforms try to stop bot activity, and the point-based setup makes it feel like clocking in at work, but it makes people even more short-sighted: if they can withdraw, they withdraw; if they can sell, they sell. To save blockchain games, you have to tie “output” directly to real consumption—otherwise that pool will inevitably get drained by its own emissions… Anyway, whenever I see high output, I automatically assume it’s a countdown.