These past couple of days, mempool activity has had me a bit anxious… the moment a stablecoin starts to get a little “off,” the panic runs like sudden rain at the subway entrance—everyone swarms toward the same umbrella. Everyone’s afraid they’ll be the last one. To put it plainly, reserve transparency is something that seems boring most of the time, but if something really goes wrong, it becomes a lifeline; yet too often you can’t see it on-chain, and the reports are hard to understand, so confidence feels as fragile as paper.

What’s even funnier is that retail investors, while complaining that validators are taking too much and that MEV ordering is unfair, when they actually run into a depeg, can only rely on quick reflexes to squeeze into blocks… It feels like lining up to buy bubble tea, while the staff secretly lets their friends cut the line. Anyway, now that I see even a slight discount, I hold back first. I’d rather miss a bit of opportunity than become fuel for someone else’s emotions. That’s all for now.