These days, I've been watching the on-chain activity, seeing sandwiches and various "arbitrage" opportunities run wildly, and my mindset is quite complicated: you think you've caught a price difference, but often you're just feeding others fees and slippage, plus getting caught and sobering up on the spot. To put it simply, there are definitely opportunities, but most of the time it's about speed, routing, and priority fighting, not "discovering a treasure."

Recently, the yield stacking from staking and shared security has also been criticized as "nested layers," which I can understand... It looks like adding yields layer by layer, but in reality, it's adding risks and friction layer by layer. In the end, it's clear who is collecting the tolls. I take simplicity as a trap: when I see a phrase like "mindless XX%," I automatically assume I'm the one paying the fees. Anyway, I'm being more conservative with my orders now—if I can set a limit price, I do; if I can avoid chasing, I avoid; just start with that.