As for lending and borrowing, I started feeling uncomfortable when the liquidation line was just three steps away from me, even before the last step was reached.

Usually, I do two things first: either add some margin to widen the distance, or pay off part of the position to reduce the size.
Anyway, don’t expect “waiting for a rebound to save me.”
I personally prefer the second option, sleep more peacefully, even if I earn a little less.

Recently, I saw a bunch of people comparing RWA, and what US Treasury yields to on-chain yield products,
to be honest, even if the yields look better, don’t use them as an “anchor of stability,” because when liquidation happens, they won’t care about those stories.

Not long ago, I also followed a few who posted high leverage every day,
after watching for a while, my mindset started to shift, so I unfollowed them…
Take it slow, stay steady in the fog first, that’s all for now.