Recently, I looked at another blockchain game pool, from "producing daily" to "the more I mine, the less valuable it becomes," which is ridiculously familiar. Basically, inflation has trained people to become sellers: output is too strong, buyback is too weak, as soon as they get the tokens, they dump them. What remains in the pool isn't liquidity, but anxiety.

Do you want to attract new users to take over? Newcomers glance at the curve and run away, while the old ones are left with only "hang in there for one more day"... eventually, it collapses quietly.

I myself am now hesitant to heavily invest in this kind of thing, at most small positions for experience, casually hedging volatility with perpetuals. Anyway, don’t fall in love with the output; after a while, you’ll just get drained.

By the way, the heated debate in the community about privacy coins/mixing coins also seems quite similar: on one side, they value "freedom," on the other, they fear strict compliance, and in the end, the most panicked are those little funds in the pool.
What I’ve learned isn’t techniques, but: when you see "sustained high output," ask yourself first—what are these coins actually relying on to be bought back?