Today I thought about stablecoins again: people usually say "1:1 is very stable," but as soon as there's a little wind or disturbance, the group starts asking about reserves, audits, which bank they're in... I also analyze along with them, but I've already clicked to sell on my end. I really admire myself. Honestly, de-pegging often isn't caused by major issues on the chain, but by everyone panicking in their minds— the more they fear, the more they run, and the more they run, the less stable it becomes.



Recently, the wave of testnet points also seems quite similar; people say "take it slow," but deep down they're all guessing whether the mainnet will issue tokens or not. The more they guess, the more anxious they get, and the more anxious they get, the more they get carried away. I just want to slow down a bit, even if I'm half a beat behind: first, see the transparency of reserves clearly, and don't get caught up in sudden shocks and turn myself into liquidity. Anyway, I'll keep my hands in my pockets... if I can hold back, I consider that a win.
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