Lately, looking at the economic models of blockchain games, I can't help but laugh but also can't really laugh: the more aggressively the output is given, the more the pool resembles a leaky bucket, players log in every day not to play, but to collect "wages," then dump it back in to exchange for coins. Once inflation kicks in, the TVL first swells temporarily, then the true nature is revealed... I keep saying "this won't work," but I still click in to try a couple of times, stubborn on the surface but soft-hearted inside, there's no saving me.



What's even more amusing is that when there's suddenly a large transfer on-chain, or a hot wallet on an exchange moves, someone will say "smart money is here," which basically could also mean the project team is replenishing liquidity or preparing to give everyone more output as fuel, just burning faster.

Now I treat playing this as a backup: I don't go all-in on my main account, leave some redundancy, so if it really crashes, I won't lose my emotional footing either. Anyway, don't take it too seriously.
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