2025-12-13 23:20:45

Transaction mining has undergone many changes over the past few years. In the early days, rewards were earned through trading volume, with various wash trading and arbitrage; later, everyone began to pay attention, and market depth and liquidity efficiency became the main focus, with the interest-earning models also upgraded; now, NFT has been added, and behavioral incentive mechanisms are becoming more diverse. But at its core, the underlying logic has never changed—every transaction and interaction on the chain essentially contributes to the entire ecosystem, and this contribution itself is "mining." The model is evolving, but the core logic of value capture remains the same.

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DegenDreamer

· 12-16 08:41

Basically, it's the same old story, just a different coat of paint. The true leaderboard is always on-chain data; don't trust those flashy incentives. Every transaction mining? Then why am I still so broke, haha? I'm already tired of the NFT scene, and adding this now is actually interesting. "Liquidity is king" is outdated; who still cares about depth now? So the core is engagement—more participation naturally leads to rewards? Sounds good. There's nothing wrong with this logic; it's just about who can stick it out until the end.

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SquidTeacher

· 12-14 14:12

Basically, it's the same old trick with a different facade. Early on, it was fake orders, now it's fake NFT transactions. Essentially, players are still pouring money in, and the platform profits from the difference. But to be fair, this logic is indeed self-consistent— as long as the ecosystem is still alive, it can keep going. Liquidity is always king; without it, everything is pointless. After mining for so long, how many people have actually made real money?

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DaoDeveloper

· 12-14 02:17

ngl the incentive design evolution here tracks what we saw with uniswap v3 - composability matters way more than the surface mechanics changing

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NewDAOdreamer

· 12-14 02:07

Basically, it's just a change of superficial appearance without changing the core, the tricks are always the same. That NFT scheme is just another layer of harvesting, but participation has indeed increased. Who still remembers the era of early fake orders? Now people are much smarter. The underlying logic hasn't changed, but hasn't the money really decreased? Every interaction is mining, sounds good, but actual returns can't keep up with gas fees.

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GlueGuy

· 12-13 23:50

Basically, it's the same old trick with a new coat of paint—more ways to fleece the little guys. Mining has long lost its value; who still plays that game? The real value lies in DEX depth, not these hollow incentives. Is every transaction mining? Then what about my gas fees, brother? NFT gameplay makes it even more ridiculous—another round of harvesting. No matter how the model evolves, one fact remains—the exchanges are still the ones making the money in the end.

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tx_or_didn't_happen

· 12-13 23:47

Changing the soup without changing the medicine; in plain words, it's still the same old logic.

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GasWrangler

· 12-13 23:40

actually, most of this "contribution" narrative is just repackaging the same extractive mechanics with shinier ui. if you analyze the data, the gas inefficiency alone in these reward systems proves they're not optimized for actual ecosystem value—just rent extraction wrapped in feel-good language.

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ser_ngmi

· 12-13 23:35

Basically, it's the same old story, a game of changing the shell but not the core. The underlying logic hasn't changed; it's just a matter of who can discover the next trend first. Trading is mining, there's nothing wrong with that, but what about transaction fees... which have to be paid to the platform. NFTs this round are really just new tricks to keep people playing. Every step you take is contributing to the ecosystem, but can the profits really end up in your hands?

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FreeRider

· 12-13 23:32

Basically, it's the same old trick with a new look—Schrödinger's "contribution" in the crypto world.

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DecentralizedElder

· 12-13 23:21

Basically, it's the same old story — same soup, different medicine; it's all just making you mess around on the chain.

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