NekoOnCall

Recently, people keep asking me what "data availability, ordering, finality" really mean. There are so many technical terms that it’s overwhelming. Actually, you just need to follow one line: can the transaction you see be reconstructed by others (don’t hide the data), who decides the order of transactions (don’t get confused by front-running), and is it guaranteed to be final and unchangeable (don’t wait too long and see it rolled back). A few days ago, a cross-chain bridge was hacked again, and it’s the worst feeling when you see the money move on-chain but can’t reconcile the details. Also,

Recently, I've been looking at a few RWA on-chain project pools again. The liquidity on the interface looks quite full, but upon opening the details, I found that the redemption terms are written very "gentle": T+N, limits, possible suspensions, and even waiting for offline asset settlement. To put it simply, the digital numbers on the chain are very smooth, but when it comes to converting back to fiat currency, it might get stuck.
Lately, there's been talk about certain regions increasing taxes and tightening or loosening compliance regulations. When deposit and withdrawal expectations change

Privileged demand weakens = narrative decline, now it depends on whether there is a new storyline to follow.