Recently looking at a few blockchain game pools, the more I look, the more it seems like "a buffet that's been open too long": producing a bunch of tokens daily as rewards, players are initially pretty excited, but once inflation kicks in, selling pressure is like a faucet that's never turned off, and the small amount of real money in the pool can't hold up. To put it simply, if the output isn't generated from genuine consumption/fees, it can only rely on new players taking over, and once the player base drops, it collapses immediately.



Some people also hype social mining and fan tokens as "attention equals mining," I also roll my eyes at that, but attention is too fleeting—once the hype fades, there's nothing left... Anyway, I'm not focusing on the narrative now, but on the source of funds in the pool, the unlocking schedule, and the liquidation line. If it feels overheated, I’ll withdraw first; being cautious is also pretty good.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned