Last night, I came across a screenshot of a "steady income" yield pool in a blockchain game, basically meaning the output is pushing the buy orders on a treadmill... New tokens keep getting dumped, fewer and fewer people can absorb the sell pressure, and when the price drops, the pool is like a burst balloon. Inflation itself isn't scary; what's scary is the output not matching the real consumption, ultimately relying on later participants to keep the scheme afloat.



Recently, modularization and DAO layer narrative developers are having heated discussions, while users are mostly confused: just like what I see in blockchain games, the more excited the system design, the more realistic the funds are. Staring at the charts until my eyes hurt, my neck's stiff too... I now prefer to do fewer operations, open the umbrella first, and see who withdraws first.
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