Recently, I've come across a bunch of stories about re-staking and shared security again, with compounded yields looking pretty tempting, but don’t mistake “earning an extra layer of interest” for “an extra layer of security”… Frankly, the risks are also stacking up, and if you turn the parameters the wrong way, it could trigger a chain reaction of explosions. Even someone like me who calculates liquidation prices every day would want to pull my hand back into my sleeve after seeing this. The other person nearby was still complaining about me: “Aren’t you the one most afraid of liquidation? Why are you still watching others blow up so seriously?” I don’t know either, maybe the cynical joy is just that cheap. By the way, I saw the NFT royalty debate flare up again—creators want stable income, trading platforms want liquidity, and in the end, everyone thinks they’re defending justice—anyway, I just want to know: when yields become narratives, who will settle the liquidations? For now, let’s leave it at that, and don’t stake your illusions along with it.