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These past couple of days, watching on-chain transactions has become a bit annoying. The more I look, the more I realize that "sandwich/arbitrage" is often not an opportunity, but you’re paying others' transaction fees... You think you’re capturing the price difference, but in reality, you’re being sandwiched by faster bots, and once slippage kicks in, it becomes a "voluntary donation." Now I prefer to check the pool depth, failure rate, and that familiar trading rhythm before placing an order—if something feels off, I just give up.
By the way, recently I’ve grown a bit tired of the "attention mining" approach with social mining and fan tokens. It’s lively, but I care more about who’s providing liquidity and who’s collecting taxes in the end. Not long ago, I was quite attentive to some accounts, thinking they had high information density; but later, it all turned into screenshots, slogans, and recruiting people, so I quietly unfollowed... Anyway, what I want to see are still data and comparison tables. The more noise I see, the more I just want to close the page.