Recently looking at a few blockchain game pools, I feel the same old problem has returned: the output is too aggressive, and when too many people enter, they start "getting candies every day," but the candies become less and less valuable, and inflation eats itself up; by the time new players can't keep up, the pool is left with a bunch of people wanting to run, liquidity thins out, slippage increases, and everyone wants to exit... Basically, it's overdrawing the future hype in advance.

The first thing I look at in such projects is not the yield, but who can control the permission granting and issuance switches, preferably multi-signature + delayed activation, slow is okay, at least it won't be changing parameters in a panic in the middle of the night. By the way, I recently thought about the NFT royalty disputes, which are also similar: creators want sustainable income, traders want smoother secondary liquidity, and in the end, everyone can't avoid "who pays for inflation/fees." Anyway, I’d rather earn less than be fooled into jumping into a high-yield trap.