I'm just someone who checks off tasks on a daily basis. Recently, looking at the Web3 gaming pools has become quite exhausting. To be honest, many pools aren't killed by "hackers," but by their own inflation and output rhythm: rewards are distributed too aggressively, and the coins produced are neither used nor have a place to be spent, so they can only be sold;


Selling pressure builds up, the price of the coin drops, and later entrants realize that the payback period is getting longer and longer, causing the hype to vanish instantly. The pool is like a leaky bucket, leaking more the more you try to fill it.

What's even more amusing is that, at this point, an occasional large transfer appears on the chain, or a hot or cold wallet on the exchange moves, and the group immediately starts interpreting it as "smart money coming in." But I see the data more like: someone is rebalancing, someone is selling off, and some are just moving addresses... it has little to do with whether the pool can survive.
Anyway, when I encounter this kind of situation now, I first figure out how many coins are being added daily and where the real consumption is, or else even the best strategies can't withstand inflation.
That's all for now.
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