Recently checked out a few more blockchain game pools. At first, the APR looked pretty attractive, but then a bunch of outputs started pouring in every day, and inflation pushed the token price down hard. Before the people in the pool even broke even, they started running away from each other... Basically, the output design isn't tied to real consumption; there's only "mining" without "use," so it can only rely on later entrants to take over, which is unsustainable.

But what's even more annoying is that little "black box" on the chain—MEV that miners/validators eat. When the order changes, retail investors get slippage explosions. Everyone complains verbally, but when it actually happens once, it destroys your mindset. Anyway, I mostly only dabble a little in chain games now, treating it as entertainment expenses. My main holdings are still stablecoins + hedging. If it’s slow, it’s slow—at least I can sleep at night.