Lately, staking/sharing security has been a hot topic, but after watching the market for a while, I’ve become a bit cautious: the stacking of yields can easily lead to a false sense of "security," and in the end, it’s just an illusion. I’ve seen plenty of fake liquidity in the order book that appears to be a wall but quickly withdraws, and the same applies on-chain— the thicker the promise, the more you need to watch out for when it might pull out.

When the cross-chain bridge issues happened, I became even less willing to take "external security" for granted; plus, a few days ago, oracle price feeds went haywire, and everyone rushed to "wait for confirmation," basically because they’re afraid of receiving bad data. Anyway, when I look at these kinds of projects now, I’d rather accept lower yields than risk not knowing who will cover the losses if something goes wrong, how to shut it down, or whether I can exit with a single click.

My colleague listened to me ramble for a while and only replied: "You’re being way too cautious..." Well, maybe so, but I’d rather miss out on some interest than get "shared" into a trap.