Over the past couple of days, I’ve been watching those on-chain traces of “sandwich + arbitrage,” and sometimes it really feels kind of helpless. You think you’ve spotted a chance to capture a price spread—then you click into it and find out it’s just been turned into someone else’s fee source… To put it bluntly, ordinary people can’t outmatch pro speed and information. Once slippage really runs wild, it’s basically you paying the bill.

Lately, the whole “yield stacking” setup involving re-staking and shared security has also been getting criticized as one of those nested schemes (“stacking one on top of another”). I get it. On paper it looks great, but whether the underlying engine actually depends on more people coming in to take over the relay—or whether the risks are being buried deeper instead—honestly, it’s hard to say. Anyway, for someone like me who’s just bored and not trying to be a hero, I’d rather make less money than end up getting clipped every day.

Next time, I’ll probably be honest and behave: I’d rather do it in smaller batches, use limit orders, tighten slippage, or just stop chasing arbitrage that looks way too smooth. Are you still actively hunting for price spreads on-chain now? Or have you already given up and just laid low?