Many people are saying that the dividends in the crypto market are gone. But in my view, it's just that more people are sharing them. In the last cycle, when people played in the primary market, the available tools were incomplete, so information gaps and superficial understanding could still make people rich. However, in this cycle, increasingly comprehensive infrastructure has lowered the barriers to entry. From the era of geeks, to niche communities, and now to mainstream finance, we are experiencing and witnessing this great transformation of the crypto market.