These days, someone is talking about re-staking and shared security again, basically treating "security" like building blocks to stack up, and the yields also stack up along with it. It looks pretty attractive, but I always feel it’s easy to create illusions... Like repeatedly swiping a membership card for points; earning points doesn’t mean your wallet really gets thicker.

When I was flipping through the address relationship diagram at night, I was most afraid of seeing a chain that binds too many promises: taking rewards on one side, while also bundling risks away. If something goes wrong, it could be a chain of dominoes. Recently, people have been complaining about validator/miner income, MEV, and fairness in transaction ordering. I can understand that—the little tricks at the bottom layer of "who goes first, who goes later" can ultimately propagate into these flashy profits above.

Anyway, when I look at re-staking now, I first want to see clearly "who is taking the fall for whom," before deciding whether to join the fun... Meow.