Today, on-chain activity is quite lively, but I still see some signs of "clouds parting for clear skies" in the staking/sharing security sector: the returns stack up layer by layer, which is satisfying, but the risks are also stacking up, and everyone prefers not to look at the shadows. To put it simply, a sense of security isn't something you can copy and paste; if there's a small problem at the bottom layer, the entire chain above it will start sneezing.

Recently, Meme and celebrity shoutouts have diverted attention again; newcomers get excited and want to do both: chase the hype on one side and stack more yields with their assets on the other... I'm feeling pretty cautious myself now, only engaging with protocols I understand, and passing by those I don't—don't want to end up holding the bag when the last baton is handed to me. That's all for now.