Actually, everyone understands that the most expensive part of social mining isn't Gas, it's time. Recently, I took a look at a few "points + identity" projects, and the number of on-chain address interactions has been skyrocketing, but the net inflow hasn't kept up. Smart money seems more like testing the waters and clocking in, then leaving after that... I myself am very disciplined now: I never split a single transaction if I can do it in one, I avoid checking in if I can, and missing out on badges is okay. Comparing RWA, US bond yields, and on-chain yield products is also quite interesting. Basically, what everyone wants is certainty, but points aren't income, and identity doesn't equal a moat. Anyway, I just keep an eye on the capital return curve—if there's no return, don't drain your daily funds.

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