Recently, watching the secondary market push NFT royalties lower and lower, creators are complaining loudly. I’ve actually calmed down a bit: frankly, if royalties can only rely on "everyone's self-discipline," it’s fine in a bull market, but as soon as the market dips, they get cut first. Trading habits are very real—people will save wherever they can, switch to slippage for lower fees, not to mention large funds.

Now I prefer to see it as a question of "mechanisms matching human nature." Just like with perpetuals, don’t expect talent and faith; long-term success depends on habits: before entering a trade, check liquidity, where trading is concentrated, whether there are obvious forced liquidation zones; doing this a few times will form discipline.

Modularization and the DA layer have been getting a lot of hype lately, developers are excited, but users are still confused: when you talk about data availability, they only care about "Can I sell what I buy, and how much will I lose when I sell?" If royalties truly want to exist long-term, they might need to start from simpler aspects like "default support for trading paths, seamless experience, and alignment with platform incentives"... For now, I’ll just observe.