Recently, I came across the controversy in the secondary market over repeatedly changing royalty policies, and it made me feel quite uncomfortable. To be honest, there's nothing wrong with creators relying on royalties to survive, but the trading side also doesn't want every transaction to be "defaultly marked up," especially when liquidity is dispersed, leading to stacking slippage and fees, making profits as thin as paper.

I did the math myself until my obsessive-compulsive tendencies kicked in: royalties should either be transparent, optional, and predictable; or they shouldn't pretend to be "market-driven." Now it feels more like a game of who lets go first and who gets hurt. By the way, this reminds me of the recent testnet incentives and point expectations—everyone's guessing whether the mainnet will issue tokens, which is actually similar to the royalty mindset: everyone is looking for a certainty of "long-term returns," but many things on the chain are inherently uncertain... Anyway, I plan for the worst-case scenario first, to avoid impulsiveness and keep some reserves.