Speaking of PAXG, I really have to complain. The experience of holding this asset is a bit awkward— as a gold-pegged asset, its growth rate is painfully slow. You see, gold itself is a store of value with limited volatility, which sets a ceiling on the returns of tokens based on it. Compared to projects with application scenarios and technological iterations, PAXG feels more like standing still. In the crypto market, everyone wants to find an asset with rapid growth, but PAXG is just crawling slowly. Sometimes you think, rather than this, it might be better to hold physical gold directly.

PAXG1.35%
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BrokenDAOvip
· 01-05 07:54
This is a classic case of incentive distortion. The moment it is anchored to gold, the profit ceiling is predetermined, and the mechanism itself is a dead end.
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NFTRegrettervip
· 01-05 07:44
I've already said it, PAXG is just here to pass the time; even a piggy bank grows faster than it.
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GateUser-e87b21eevip
· 01-05 07:44
This is just a stablecoin shell, with no real value to mine.
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UncleWhalevip
· 01-05 07:40
To be honest, PAXG is just a nested doll; its fate tied to gold is like a ceiling that keeps pressing down.
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down_only_larryvip
· 01-05 07:28
PAXG is really not interesting; it's better to just stockpile gold bars directly.
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