Last night, the group was arguing again about which L2 TPS is faster, transaction fees are more attractive, and subsidies are bigger, arguing like a market... As I watched, I suddenly thought: you all love comparing speed so much, but when it comes to stablecoin de-pegging moments where "everyone rushes to exit," no matter how fast you run, you might not be the first out. To put it simply, de-pegging is often not a technical issue, but a psychological squeeze: you think others want to run, so you want to run even more. Reserve transparency is very much like a cat litter box; you don’t look at it normally, but when it stinks, you suddenly remember to ask who’s shoveling... Anyway, now I see more "trust us" than "show us the books," I instinctively hold back. For now, that’s it. I won’t get impulsive today, at most I’ll just have a cup of coffee.