These past few days, I've been a bit emotional about watching the lending pools: stop-loss really feels like a breakup, dragging it out without admitting it, the books still look okay, but interest/funding fees bite day by day, the longer you drag, the more it hurts. Honestly, admitting the loss early and clearing out the position is actually more peaceful and saves on interest, at least you don't have to wake up every day wondering if the liquidation line is still there.

Recently, isn't there a bunch of new L1/L2 projects offering incentives to boost TVL? I can also understand the old users' complaints of "mining, selling, and withdrawing": the excitement is there, but when the collateral ratio drops and liquidity dries up, the hardest hit are those who can't bring themselves to cut losses. Never mind, I won't talk about it anymore. Anyway, I'll just keep watching as an observer, waiting to see when the big players start topping up their margin again.