Recently, I've been looking at the traces of sandwiches and arbitrage again. To put it simply, you think you've found an opportunity, but in many cases, you're just covering someone else's transaction fees and contributing some emotion along the way. Especially when new L1/L2 incentives are launched and TVL is boosted, the on-chain "mining, holding, selling" vibe becomes even stronger. It's normal for veteran users to complain; no one wants to be just background noise.

Now I place my orders a bit slower, preferring to earn less than get squeezed in an invisible middle layer. Anyway, I don't need to be understood, but I need to clarify my boundaries: participate if you understand, pass by if you don't, lighten your heart, and maybe your wallet will be a little heavier.