Just saw a few testnets roll out incentive campaigns again—point/score expectations are through the roof, and everyone’s guessing: “Will the mainnet issue tokens?” Honestly, seeing this kind of thing now is starting to feel a bit numb.

When liquidity dries up, the worst thing isn’t missing your chance—it’s that you’re still stuck in there, while the ship has already started leaking. I recently chatted with a few friends, and everyone’s tight on cash. Buying the dip? Let’s survive first.

I’ve actually been thinking: what exactly counts as “surviving”? It’s not just avoiding liquidation—it’s having bullets left, your mindset not collapsing, and being able to wait. When liquidity is gone, many protocols look cheap, but behind the cheapness there may be a silent suffocation.

Ask yourself: if you had some money right now, would you go chasing those testnets with extremely high incentive expectations?
Yeah… honestly, I’d probably first check how much gas budget I still have left this month, then think it through.

Anyway, I feel like no matter how pretty the colorful window looks, you still need light first. Get people standing firm, and once liquidity comes back, the light will naturally shine through.