This morning, I was looking for a charger in the drawer, and as I went, I happened to scroll into a debate in the secondary market about royalties… To put it plainly, there’s nothing wrong with creators wanting to keep getting paid. But once the trading side defaults to “optional,” everyone votes with their feet. If the protocol layer doesn’t enforce it, the market only recognizes liquidity—no matter how hot the sentiment gets, it can’t hold up.

Now when I look at projects, I don’t believe in slogans so readily; I still stick to the same old three things: can contract permissions be changed with a single click, can the royalty wallet be controlled by the team, and are LPs/treasuries locked? Recently, during that round of cross-chain bridge thefts and oracle errors, everyone was “waiting for confirmation.” It’s actually the same: when the rules are uncertain, the first things to evaporate are trust and completed trades. Anyway, I’d rather buy a little less than become a contributor to tuition fees again.