Honestly, recently, re-staking/sharing security has been a hot topic again. Everyone's eyes light up at the thought of "compound yields," but I always feel that what should be compounded isn't the returns, but the risk awareness... Re-staking essentially means using the same collateral to back multiple claims. It sounds like "one fish, multiple eats," but when things go wrong, it could also be "all in one pot." You might think you're earning interest, but at the same time, you're silently buying a bunch of tail risks you don't understand.

In the group, over the past few days, repeated shares of stablecoin regulation, reserve audits, and various screenshots of "de-pegging" are all the same emotion: the more uncertain things are, the more we want a guaranteed return to comfort ourselves. I’m also unsure how things will develop next. Anyway, my approach is: participate in projects I can understand in small amounts, and for those I don't understand, no matter how attractive the yields, I’ll put them aside first. Don’t let the illusion of compounding lead your mindset astray.