Lately, there's been a flood of re-pledging/shared security hype again, with the returns stacking layer by layer, looking quite tempting, but I always feel like it's easy to also stack up the "imagined sense of security" along with it... To put it plainly, the risk correlation hasn't disappeared; it's just been packaged as more sources. When the protocol encounters issues, the speed at which everyone rushes to exit might be faster than I expected.



Airdrop season is also quite surreal. The task platforms' anti-witchcraft measures backfired in the end, and the points system pushed the yield farmers into a routine like clocking in at work. After two days of doing it, I started to get annoyed: am I doing research or just chasing KPIs? Anyway, I'm now more concerned about whether my position can withstand the pressure—I'd rather earn less than turn myself into a "profit anxiety disorder."

I don't need to be understood; I just want to clearly define my boundaries: only engage with what I can understand and withstand the worst case, don't use "everyone is doing it" as a reason. That's all for now.
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