I started recording those “seemingly very lively” pools in chain games, and I found that the act of recording itself is quite lifesaving: once you write down the daily newly added output, sell pressure, and the real inflows and outflows of money into and out of the pools, inflation stops being just an abstract concept and becomes visibly apparent—you can actually see the depth being slowly ground away. Put simply, as long as output keeps running ahead of real demand, the rest can only be kept alive by higher incentives, until some explosive point—where the one who deleverages first survives. Recently, I can also understand why on-chain data tools and tagging systems get criticized as “lagging / potentially misleading,” so I trust the line I recorded even more: where the money comes from and where it goes is more reliable than “who is buying.” Anyway, only after laying out the uncertainties first can I dare to get close.