Just went through a round of group messages, and then saw a few KOLs pushing RWA and on-chain yield products—making it feel like they’re replacements for US Treasury yields. Honestly, I’m pretty afraid of this kind of vibe. It always feels like everyone’s rushing, but when you actually work out the fee allocation and the slippage, there aren’t many people who bother.

I’m more like someone squatting in front of the fish tank watching the bubbles than someone chasing after the waves. I’d rather spend half an hour calculating the mathematical expectation of the cross-pool price spread than tap “confirm” just because the group is spamming “hurry, hurry, hurry.” As for the trap of impulse buys—I’ve seen too many people jump into it. I’ll keep my wallet closed for now.

Forget it—no more talking. I’m going to keep watching my AMM curve.