I was just checking on-chain data, and the page suddenly froze for a moment. I thought the network was acting up again... but it’s probably not on my end. Many applications are actually queuing behind the scenes: first asking the indexer/subgraph to fetch historical data, then making RPC calls to pull the latest blocks. If the subgraph syncs slowly, the indexer rebuilds, or RPC is rate-limited (especially during peak times when everyone is hitting it), the frontend will pause as if “taking a breath.”

Recently, people keep comparing RWA, US bond yields, and on-chain yield products. I actually prefer to look at these “cold” factors first: whether the data sources are stable, if there’s high latency, and who bears the costs. No matter how good the yields are, if the data keeps lagging every few days, retention becomes questionable. Anyway, I think whether the protocol can survive the bear market depends heavily on this foundational infrastructure experience.