Lately I've been looking into the staking/sharing security setup, and the narrative is pretty smooth: the same "security" can charge multiple layers of fees... But honestly, stacking yields easily leads to stacking illusions as well. You think you're earning interest, but you're actually spreading the tail risk of the same position into several lines of numbers, just for the sake of looking good; once something goes wrong, the correlation will suddenly become very honest.

I've now set a rule for myself: when the fee rate isn't favorable, or the liquidation hot zones are too crowded, no matter how pretty the annualized rate looks, I won't leverage or increase my position, even if it means earning less. Yesterday, I tried a position with a 0.003 leverage, itching to trade but not wanting to be stubborn.

By the way, it's pretty outrageous that hardware wallets are out of stock, and phishing links have become so numerous lately that it's annoying. Don't click on strange signing pages just for that tiny "stacked yield"... Anyway, I’d rather wait 10 more minutes for confirmation than spend an entire night racing against customer service and hackers. That’s all for now.