Just saw people arguing about royalties—honestly, I’ve always felt that charging royalties in the secondary market is pretty contradictory. In the early days, everyone played NFTs for trading freedom, but now they insist on hard-collecting, and a lot of platforms have added blacklists—on-chain liquidity basically fractures. But if you say creators shouldn’t get paid, that also doesn’t feel right, because the project team also has to eat.

However, recently I’ve been seeing the controversy around re-staking those nested “doll-within-a-doll” yield loops, and it suddenly clicked for me a bit—execution on-chain is indeed hard, but logically it might be getting a little too loose. Before, I only looked at on-chain data, thinking that gray-market actors or arbitrage were all driven by code. Now that I think about it, royalties—plain and simple—are a moral issue that can’t be enforced at the protocol layer. No matter how much gas you save by using L2 batch trading, if users don’t buy it, the protocol is just useless.

Forget it, let’s leave it at that. Anyway, I’ll keep watching zkSync and Blast for new stuff—I say I’m stingy, but my actions are still honest.