Lately, I've been paying attention to re-staking and so-called shared security, and I feel like many people interpret "yield stacking" as "risks automatically get discounted"... Basically, if you repeatedly use the same collateral to support different systems, one day if one of them has an issue, liquidation/penalties can be linked together. Don't mistake imagination for hedging.

I see the mempool like a radar chart; when gas prices go up or an arbitrage path takes a turn, it's often because someone is pushing through the same door. The more complex the stacking, the more like a stampede when exiting—profits haven't even been realized yet, and you've already paid the slippage and fees.

By the way, hardware wallets are out of stock again, and phishing links are sprouting like mushrooms in the rainy season. The more "high-yield new products" there are, the more you should avoid signing a string of authorizations on unknown websites. Anyway, I’d rather earn a little less now than wake up in the middle of the night to strange pending transactions teaching me a lesson.