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Just now I was staring at the liquidity pool in a daze again, and suddenly I remembered that wave of stablecoin de-pegging a few days ago. It really scared me a bit... I almost swapped a large amount in to save trouble, but luckily I hesitated and went to check the reserve explanation (though I didn't understand much, honestly just wanted to confirm "there's really money there").
De-pegging isn't necessarily a sign that the project is bad; often it's just panic selling, everyone running at once, and the on-chain crowd lining up like during Spring Festival travel.
What's more annoying is the order system—miners/validators profit from MEV, while retail investors get stuck at the back and suffer from slippage friction. They talk about fairness, but in reality, it's like seat-rushing.
Anyway, I don't dare to go all-in on stablecoins now either, keeping different ones with the same name but different underlying assets separated, just in case the bus doesn't come one day and I get car sick first.