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Recently, I’ve been looking at the play-to-earn model of “produce—recoup—add to the pool,” which basically means inflation first feeds you, then blows up the pool. The issued tokens are coming out faster than people are putting in, and a few days ago, I saw the APR looking pretty attractive. But when I checked the tags on the blockchain, I found several wallets dumping at specific times, liquidity was thin, and the remaining players could only fight among themselves.
In the past, I would have thought “maybe I can hold out until new gameplay arrives,” but now, seeing the emission curve acting weird and selling pressure persisting, I’d rather withdraw first than gamble against the system.
By the way, I want to complain that recently, modular and DAO layer narrative developers are talking a lot, leaving users completely confused. Meanwhile, the blockchain game side still faces the most basic problem: who will take the final baton.
Anyway, I’d rather earn less than become the fuel for “stable output.”