Sigh, the group chats and KOLs have been bombarding people in rounds—it really gets you hooked. Yesterday I saw a new thing called “Modular DAO.” In the developer community, they hyped it up to the heavens, saying it has an extra layer of DA, doubling security and flexibility. I almost threw money at it, but luckily I went through the audit report and found a vulnerability—plainly put, the protocol design is too complicated, and ordinary users can’t make heads or tails of it.



Honestly, I used to be pretty paranoid. I only trusted on-chain data, and I thought emotions were basically worthless. But lately, the “DA narrative” has shaken me a bit—modular blockchains are suddenly hot. Developers are excited like they found treasure, but users are left completely confused, because you can’t see where the “honey” is on-chain at all. I tried just following based on sentiment, and ended up losing money while feeling great about it.

Now I’ve learned my lesson. First, ask yourself: is it impulse or rationality? Group messages and KOLs could all be bait. Anyway, I’d rather have a bit more patience and less regret.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned