Today I was looking at address profiling with those tags/clustering again, the more I look, the more it seems like constellations… Saying it's useless, well, it can indeed help me quickly filter out a bunch of addresses that are "fully authorized worldwide right after creating the account"; saying it's reliable, well, the same batch of funds can go around a few times, change hands several times, and immediately be labeled as different people, feeling like a game of connect-the-dots of who is who. Anyway, I now trust two things more: whether the contract permissions are outrageous, and where the money ultimately flows to; everything else is just extra drama.

Recently, I’ve been comparing RWA and US Treasury yields to on-chain yield products, and after seeing so much, I just want to say: no matter how "like government bonds" the yield is written, if permissions are turned up high, it can still be turned into charity donations with a single click… I’ve tried the "poison" test so many times I’m exhausted, but I still click to look twice, taking it one day at a time.