Last night after working overtime, I casually checked the blockchain.


Gas fees weren't high, but large transfers started to get lively again... People are easily tempted.
Recently, LST and re-staking discussions have been flying, and honestly, the returns aren't just made up out of thin air:
Some of it is the "normal wages" from underlying staking, plus the premium earned by lending safety/liquidity to others.
The problem is, the higher the premium, the more likely there's an extra layer of counterparty, an extra layer of contract, and an extra layer of "what if something goes wrong, who covers it."

What I care about more now is:
Is this yield subsidized by burning tokens, or are people really paying for safety?
And when exiting, is there enough liquidity? Don’t just earn paper gains—if I want to leave, I might have to wait in line.
Watching meme and celebrity hype is more obvious in attention shifts; newcomers rushing in are probably just catching the last wave...
Anyway, I’d rather earn a little less than get pulled away by emotional candlestick patterns. That’s all for now.
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