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Today the blockchain is a bit congested, I placed a swap, watching the transaction queue in the mempool, like a delivery person constantly "picking up food"... I clearly placed the order, but it’s stuck there. You think once you send it out, it’s done, but actually you’re competing with a bunch of others for position: if your bid is low, you wait patiently; if you wait too long and the price changes, it might fail outright, wasting some gas fees, and it’s easy to get frustrated.
Now before I place an order, I think for a couple of seconds: is this cash flow or just a subsidy illusion? During congestion, subsidy-based transactions are even more risky, with high gas fees, and the yield rate immediately reveals its true nature. A few days ago, I saw that kind of inflation + studio + coin price spiral in blockchain games, which is actually similar to mempool congestion: everyone wants to go first, and it gets more chaotic the more crowded it is.
Because of this, I’ve recently followed/unfollowed a wave of people, initially loved those “high APR is really worth it” posts, but later realized that basically they don’t mention the source. When congestion hits, it’s all friction costs... Forget it, unfollowing to keep things simple.