Recently, there has been a discussion about cutting off royalties entirely in the secondary market. Creators feel quite uncomfortable about it, but from a trading perspective, it’s not entirely anyone’s fault: when liquidity tightens, everyone’s first reaction is “I need to get out quickly.” Anyway, my own NFT purchases are increasingly like watching a fee schedule that can change at any time, and I no longer dare to use sentimentality as a reason to add to my position.

Should royalties be mandatory or not?
I don’t know either, but if they’re not mandatory, it’s basically the same as having none.

Modular chains and the development of the DA layer are making developers extremely excited, while users look confused—I can understand that… To put it simply, everyone only cares about “Can I get a cheaper price with one click? Can I complete the transaction instantly?” No matter how elegant the chain is, in the end, it still comes down to the trading experience and the wallet. Tonight, I’ll just reduce my position a bit, keep the stablecoin pool idle, and wait until the market discusses a workable version of the “rules.”