Scrolled and saw that the blockchain game has crashed again. It looks so familiar; it was like this around this time last year.

Back to MEV. I used to think that "jumping the queue" meant front-running retail investors, but now I'm not so sure. The ones who really get rekt are those high-frequency strategies themselves — competing in gas wars, feeding all profits to miners, and ending up with nothing after all. Ordinary users? Anyway, I set my slippage wide; getting sandwiched once in a while doesn't feel that strong.

As for fair ordering, it's talked about a lot, but when it comes to actual implementation, it becomes a new barrier. Those with hardware and node connections still get priority. In short, there has never been absolute fairness on-chain; it's just a different group of people taking advantage.

It's the same with blockchain games. Studios' scripts are running rampant; as soon as the token price drops, the "real players" are the first to flee. The daily active user numbers look okay, but when you check the interaction frequency, they're all bots. This kind of fake prosperity is most glaring when the tide goes out.

Anyway, that's it for now.