These days, I went back to being a test subject for blockchain games, entered a "new pool," and at first, the yield looked pretty attractive. Everyone was showing off their earnings in the group, and I got itchy to join in.

Later, I realized the problem wasn't with the gameplay itself, but with the economics: rewards are issued too quickly = inflation is unleashed, demand can't keep up, and the pool is full of sellers.
The more you mine, the thinner the pool gets, and LPs feel like they're slowly losing air, with sentiment shifting directly from "harvesting in the morning" to "who's still willing to take the risk."
By the way, I saw that outside capital fee rates are extreme, and the community is still arguing whether to reverse course or keep squeezing the bubble...
To put it simply, the logic is: when output forces people to sell, don't expect everyone to suddenly become believers.
Anyway, when I enter these pools now, I first look at the emission curve and selling pressure. Play around if you want, but don't treat it like a salary.