Recently, there has been talk again about re-staking and shared security, basically taking "security" and reusing it, while also layering on additional yields. It sounds appealing, but I always feel that when yields are compounded, the most common illusion is that: thinking that signing a few more agreements equals an extra layer of protection, when in fact the correlation might also amplify together.



On the macro side, discussions about interest rate cuts expectations, the US dollar index, and other topics are also quite noisy. When risk assets rise and fall together, people's emotions are more easily influenced, and on-chain it looks very prosperous, but then everything quiets down again... Anyway, what I care more about now is: can this kind of "sharing" truly help the creators in the ecosystem live a bit longer, rather than just producing more reward screenshots.

What I don't regret is taking a slower approach, even if I miss out on some excitement, at least I can sleep peacefully. That's all for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin