ThereAreCatsInTheContract.

I muted the group, and I feel a lot calmer… Before, I was constantly flooded by Meme and celebrity call-outs, and my emotions went up and down with it, like someone was dragging me forward. Only after things quieted down did I notice something pretty awkward: you think you’re watching “real-time on-chain,” but a lot of the time you’re actually just looking at the “snapshot” that an RPC/indexer feeds you. If it hiccups, reorgs, or misses an event, you think an address has started acting again—when really, it’s just that your side is late.
To put it plainly, on-chain data also has an “informatio

Recently, I've seen a bunch of people talking about "on-chain queue jumping," which basically means whoever bids higher gets to buy first.
It has a pretty direct impact on regular traders: you think you're executing at market price, but in reality, you're squeezed from both sides, taking a bigger slippage, or ending up with a worse fill.
It looks like a "technical detail," but in fact, it's just shifting the losses onto the least knowledgeable people.
The attention shifts more obviously with memes; when it's hot, a bunch of newcomers rush in, and they're most likely to get front-run and

At first, I also thought it was ridiculous: migrating when it's already running? But after experiencing two different periods, the differences are indeed obvious.

Recently looking at on-chain transactions, sandwiches and arbitrage really seem similar: you think you've caught a "chance," but it might just be helping others cover their fees... Now I instinctively check slippage and pool depth before placing an order; the thinner the pool, the more hesitant I am to touch it, even if I get itchy. Airdrop season is even more surreal this time, with task platforms acting like they’re clocking in for work, everyone competing for points until the end, and the gas paid on-chain plus the slippage loss might be better left untouched. To put it simply, many "arbitr

Recently, I’ve been looking at NFT liquidity again, and the more I look, the more I feel that the floor price is basically an emotional thermometer: when the narrative is hot, people can’t even be bothered to place orders; when it turns cold, they start smashing each other’s bids and asks. Even royalties get “optimized” away, almost to nothing. To put it plainly, everyone wants faster trades, but without a royalties community, there’s no money to do anything—so in the end, all that’s left are images and slogans... I’d be lying if I said I don’t envy those projects that are hot to the point of