Recently, the pools in blockchain games have a familiar smell again: the output was very sweet at first, but once inflation kicked in, everyone just thought about selling their tokens to break even. What’s left in the pool is increasingly thin liquidity and growing selling pressure. Basically, it’s a countdown from the day when “output > added value.” No matter how the project team increases the multiplier or opens new dungeons, it’s essentially using more tokens to cover fewer genuine consumers.

Why can I still stay calm... I have a small habit: only focus on monthly/quarterly active users and net inflow, and ignore the daily fluctuations; also, I’ve seen too many incidents like cross-chain bridge thefts and oracle price fluctuations, so I now default to waiting for confirmation. It’s okay to be a bit slow—after all, the goal is to gradually get richer, not to be stimulated every day.