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I'm no longer explaining anymore; anyway, someone on the chain can always cut in line.
In the past, I would comfort myself with "it's open and transparent," but every time I switch to a new pool, click confirm at that moment, a slippage occurs, the transaction price changes, I realize someone has pushed past me again.
To put it plainly, this MEV sorting game isn't really about "institutions"; more often, it's about small retail traders like me who get itchy: pay a bit more gas, take fewer coins, and in the process, ruin your own mindset.
Recently, those new L1/L2s launch incentives to boost TVL, and veteran users complain in groups about "mining, selling," which I also find quite real: you think you're participating in the ecosystem, but actually you're just a liquidity background for those who are better at queuing...
My current approach is very timid: place orders slowly, chase fewer hot trends, use limit orders when possible, and try not to become that kind of "fairly educated" example.
Let's leave it at that for now.