Someone asked me why those "pools" in blockchain games never last long... I’ve checked the contracts a few times, and it feels like watching weather radar: once the output ramps up, the gas fees explode first, robots and studios lay out all the paths to exploit, and ordinary players are left only to absorb the inflation. To put it simply, the tokens are issued faster than they are consumed, and the so-called "revenue" in the pool is actually just borrowing future buy orders in advance. When new issuance stops, the selling pressure piles up layer by layer like traffic jams, and in the end, no one can escape. Recently, everyone has been talking about rate cut expectations, the US dollar index, risk assets sometimes rallying and sometimes retreating—when this macro sentiment shifts, blockchain games can’t hold up even more. External capital’s risk appetite cools down, and that small spark of inflation in the pool immediately turns into thick smoke. Now I see "high yield" as a warning sign; I’d rather earn less than race against inflation, since I’m a cautious person.