Recently, I've seen new L1/L2 projects offering incentives to boost TVL again. Old users complain "mining, selling," while still unable to resist trying... I'm actually more concerned about how the on-chain privacy and compliance boundaries are being crossed. To put it simply, on-chain isn't anonymous; it's just "name replaced with address." If you really want to trace the link, it's still quite clear. Don't have too high expectations for privacy.

My current expectation is: use normally, avoid clearly gray areas, don't think that mixing coins or jumping around will solve everything; if you're playing long-term with nodes or staking, keep addresses separate and records well-maintained, so if you're questioned someday, you can still explain clearly.

What I fear most isn't losing money, but losing control — suddenly being hit with risk control, being linked together, or assets becoming immovable, which is even more uncomfortable than floating losses. Anyway, take it slow, don't wake up from slashing, and don't wake up from compliance.