Recently, people have started talking about stablecoin de-pegging again, and it makes my stomach turn... After being liquidated last time, I became allergic to the phrase "looks very stable." Frankly, reserve transparency isn't just about showing you reports; when a run actually happens, no one has the patience to wait for audits. Those who run first always think they're smarter (I was the same back then). Now I just hold a small position, willing to go through some trouble and diversify across several platforms, rather than entrusting my fate to a PPT. Recently, the staking unlocks and token unlock calendar are being dug up every day to scare myself. When emotions run high, the first thing to be hit is often the question of "is there enough liquidity." For now, maybe it's more important to stop staying up late watching the markets.