Honestly, skimming value from liquidity pools has always been pretty straightforward for me. But here's the thing—it's never really felt satisfying, not because it's hard, but because I fully grasped what happens when you incentivize the ecosystem this way. The real reason most don't see it coming? They simply don't understand the mechanics underneath. That's why it works so easily. Once you know how pools actually operate and where the vulnerability sits, it becomes almost obvious. But the cost? If everyone played this game the same way, the whole incentive structure breaks down.
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OneBlockAtATime
· 12-15 22:14
Playing the game of liquidity mining is basically just an information gap; most people don't understand the underlying mechanics at all.
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LongTermDreamer
· 12-13 15:22
Bro, that's exactly why I saw it three years ago. The pool stuff, to put it bluntly, is just a "unequal game."
Looking back after three years, it's still the same logic. As long as most people don't understand the underlying mechanisms, there will always be someone playing this game. I tried it before too, but later I felt—it's a bit boring.
If you really understand where the loopholes are, making money is actually super easy. But what about the costs? If we all do this, the entire ecosystem incentives will collapse. Isn't this just cycle theory? Just a cycle, a new pit every three years, and after stepping out of one, a new one appears.
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BlockchainTherapist
· 12-12 22:52
NGL, this is a typical case of cognitive advantage turning into a moral dilemma... Once you understand, you can't stop, right?
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rekt_but_not_broke
· 12-12 22:45
ngl, this sounds like bragging about knowing arbitrage, but actually it just means most people are bad at it.
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RiddleMaster
· 12-12 22:45
Liquidity mining tricks, those who truly understand have long been tired of playing
Wait, there's a problem with this logic, isn't the collective wool-harvesting ecosystem doomed
That's right, most people just don't understand the underlying mechanism, which is why they get exploited
This analysis is excellent, but the last sentence is the key... no one can escape the ecosystem collapse
Understandable, but if everyone played like this, it would have been over long ago
Honestly, skimming value from liquidity pools has always been pretty straightforward for me. But here's the thing—it's never really felt satisfying, not because it's hard, but because I fully grasped what happens when you incentivize the ecosystem this way. The real reason most don't see it coming? They simply don't understand the mechanics underneath. That's why it works so easily. Once you know how pools actually operate and where the vulnerability sits, it becomes almost obvious. But the cost? If everyone played this game the same way, the whole incentive structure breaks down.