Recently, I've seen discussions in the secondary market about reducing royalties to nearly zero, claiming it's to "make trading more free," but it's quite awkward for creators: when a work becomes popular and liquidity is there, the ongoing income from creation disappears. When I see high APY, I first ask where the money comes from; similarly, with royalties, it's essentially about where the long-term incentives come from to keep the system alive.

Not to mention that recently some places have tightened or loosened regulations on taxes and compliance, and as deposit and withdrawal expectations change, everyone's first reaction is still to prioritize survival and cash out first. Who still has the patience to support creators? I personally now prefer to split my positions into smaller parts, even if it means earning a little less in fees or "wool," rather than believing that the ecosystem will self-repair... If you really like a certain creator, you might still need to think about how to support them outside the chain. Anyway, I find it quite tangled.