Recently, I looked at the pool data of a few blockchain games again, and it looks quite like a familiar script: the output is very strong at the beginning, and everyone thinks "it's quick to break even," but as long as new people come in more slowly, inflation starts to push the floor price down, and the small amount of real buying pressure in the pool simply can't hold up. To put it plainly, what you're giving isn't profit, but a queue for selling pressure.

These days, the criticism of the "profit stacking" from staking and shared security setups has been intense, and I can understand why everyone is sensitive. Blockchain games are more straightforward—either the revenue comes from new funds or from borrowing future value in advance; either way, they can't withstand a cold spell lasting a month or two. Now, when I look at the pool, I first check the daily net outflow and order book depth; no matter how high the output, I treat it as noise for now. That's all for now.