I’ve been watching the chain late at night, and suddenly I have a bit of reflection. Back when everyone was going for airdrops, I’d see a new project and want to jump in. A bunch of people were competing to see who could interact faster, and the result was that we got reverse-scammed by gas fees. Now that I think about it, between many Layer2 projects, it often turns into a competition of TPS, fees, and ecosystem subsidies—at the end of the day, it’s a cost game. If you care too much about a bit of TVL or the so-called “expectations,” you’re more likely to end up getting pulled into the spiral.

My current strategy is simple: calculate the total cost. If there’s a “sweet spot” range, I’ll place a few transactions; if not, I’ll wait. After all, truly good projects won’t completely cut ties just because you missed one round of interaction. Like the friends I’ve been seeing who’ve learned a lot of playbooks recently—at first, they squeezed their way in to go after those unknown protocols, but later many of them cooled off. Basically, when everyone says, “This must be interacted with,” I actually feel like it can wait. Don’t over-FOMO, and don’t completely lie flat either—just follow your own pace.