Honestly, I hear the phrase "the bigger the pool, the more stable" in blockchain games, and I can't help but laugh each time. If the output (tokens/items) doesn't have a clear consumption mechanism, it's basically printing future selling pressure in advance. It looks lively at the beginning, but later everyone ends up fighting in the same pool, with the slowest ones taking the hit. Inflation isn't inherently evil; the problem is that once the output parameters are tightened to attract new users, it's hard to correct—if you lower the output, sentiment crashes first; if you don't, prices crash first—either way, it all collapses.

Recently, people keep using ETF capital flows and US stock risk appetite to explain crypto price movements... Of course, macro factors have influence, but the microeconomic self-destruction in blockchain games is more direct: the extra stuff added to the pool each day can only be bought out with new money in the end. You ask me how to do it? I’d rather focus on consumption pathways and lock-up release schedules, rather than just looking at APR—those numbers are too misleading.