Recently, everyone has been talking about options again. To put it simply, time value is a "slow fee deduction" thing: the buyer gets bitten a little each day, and even if nothing happens, they are losing; the seller is like collecting rent, but don’t forget, if the tenant goes crazy, you might have to pay for the whole building. On-chain, I usually focus on permissions and fund flows first. Last night, I saw that a certain contract just changed its owner permissions, and right after that, there was a 2.7M USDC transfer from the hot wallet to the market-making address. The smell was not quite right... I’d rather earn less than comfort myself with the idea of being a "steady seller." As for the current social mining and fan token schemes—"attention is mining"—it sounds nice, but in reality, it’s more like transferring time value onto people: the more you scroll, the more addicted you become, and what ultimately gets eaten up is your energy and judgment. Anyway, I still stand by my usual advice: don’t treat your wallet like a wishing well.