Secondary market royalties— the more I look at it, the more I feel that "moral coercion" should not be considered part of protocol design. Frankly, royalties depend on the front-end user awareness/market selection, which is inherently fragile; if market conditions turn bad, it's normal for attitudes to change immediately. Creators want predictable cash flow, but traders only care about liquidity and costs. These two can't be aligned through arguing; they can only be fixed by mechanisms that set boundaries: either enforce them strictly or don't call it royalties.

In the group chat these days, there's been talk about stablecoin regulation, reserve audits, and various rumors of "de-pegging," which is giving me a headache... When emotions take over, it's easiest to mistake "what should happen" for "what the system will do," leading everyone to get overly excited. Anyway, I prefer to bring the issue back to: who can enforce, how to enforce, and where are the breach costs.

If I can only keep one habit, it’s to write the rules into the smart contract first before discussing incentives.