The other day I saw “modularization” and the “DA layer” flooding the feeds again—developers over there were chatting excitedly, and on my side I was just, honestly, completely lost… The harshest thing about the attention economy is this: if you haven’t figured out what it’s actually solving, you’ll already be pushed by emotions into chasing the hype.

I’ve really done something stupid before: when I saw others rushing into a new narrative, I also jumped in to add liquidity. The price then kept whipping up and down—I didn’t end up picking up many fees, and the impermanent loss just kept smearing my face with an annoyingly steady rhythm… Later, when I went back to review, I realized I hadn’t even thought through who would keep using it and why they would pay for it in the first place.

My simple rule now is: if I can’t understand it, I won’t move. At least until I can explain three things clearly in plain language—where the demand comes from, who’s going to foot the bill, and where the liquidity will be when exiting. If I miss out, so be it. I just fear getting repeatedly tricked and harvested over and over. That’s it for now.