To be honest, the recent royalty disputes in the secondary market have made me feel more and more… a bit of a headache. Creators should get what they’re supposed to get, but no one can guarantee on-chain enforcement. You set a royalty, and then someone just goes around it via a bypass route and it gets skipped—basically, there’s no way to hard-bind it. In the end, it turns into an endless back-and-forth: one side says you don’t respect creation, the other says the market is free. But the ones hurt the most are still the people who take building projects seriously.

Anyway, lately whenever I’ve been trading NFTs, I’ve been choosing protocols that support on-chain forced royalty enforcement. I also set a bit more slippage protection, so I don’t get sandwiched or trapped. I saw someone compare RWA and U.S. Treasury yield to on-chain yield products— the logic is a little roundabout, but when you put it next to this royalty issue, it feels almost ironic. These on-chain yield products are so structurally complex that they can still be made to work, yet a royalty mechanism has to be argued over for so long. Forget it—I’ll sort out my own routing first.