Someone just promoted re-staking as "safe, shareable, and with compounded yields," and it actually made me feel a bit cold... To be honest, the layer of yield compounding is often the layer of risk compounding as well, just not visible in everyday view. Once safety is used for leverage, it's not a slow leak when things go wrong, but a direct chain collapse. Recently, the community has been arguing about the compliance boundaries of privacy coins/mixing coins, which makes me even more cautious: when rules tighten, liquidity and sentiment can change suddenly, and you might find that what you thought was yield is just an illusion. Anyway, I’ll keep an eye on on-chain data and avoid doing things that sound "really attractive."

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