DAOBackbencher

Lately, there's been a lot of talk about royalties in the secondary market, and it's making me feel quite complicated. Honestly, I also hope creators can keep earning money, but fixing royalties on every transfer often just drives away liquidity, and in the end, it becomes a "moral pressure" that sustains the system, which is quite fragile. Not to mention some proposals that make incentives look fancy but end up being exploited mostly by bots and big players.
I used to nod along with social mining and fan tokens, the "attention as mining" concept, but I no longer believe in it—at least not tha

The sky is truly the top, I like this phrase; the mood is on point. Next, it depends on whether the trading volume and narrative can continue.

Lately, many people have been arguing over "on-chain data," and I want to throw in a cold water splash: the transaction/vote record you see might just be the "version" provided by the node, RPC, or indexer you're using, and it may not be the latest on-chain data at that moment. RPCs can queue during congestion, indexers can be slow to sync and miss some data, and even the same transaction can show different times on different frontends—basically, information can have delays.
These days, with the testnet incentives and staking expectations heating up again, everyone is watching the dashboards f

After this wave of fresh liquidity, it is being compressed at low levels, truly like accumulating strength to continue smashing.

Hit the 5th target = It's time to start protecting the fruits of victory; greed is most likely to cause a failure in the final stretch.

Recently browsing the blockchain, I saw a bunch of "arbitrage" and "sandwich" alerts, and honestly, I feel quite complicated: you think you've found an opportunity, but many times you're just helping others gather fees... To put it plainly, if you're not fast enough, you become someone else's exit channel. Not to mention that those on-chain data tools and address labels are still often criticized for being outdated, or even deliberately fed false clues. I look at those "smart money" tags with a bit of skepticism.
I’d rather prefer to earn less and wait for clearer rules, rather than rushing