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Recently, I've been looking into re-staking/sharing security again.
Basically, it's about reusing "security" to earn some yield, but when the returns stack up, don't treat the risks as air...
The same collateral backing multiple chains/multiple services with penalty and foreclosure conditions could lead to a chain reaction if something goes wrong.
On-chain, I also saw someone splitting one collateral into several parts and depositing them into different contracts, which costs a lot in gas, like stacking Lego blocks, but the base is the same piece.
In the group these days, people are again discussing stablecoin regulation, reserve audits, and various screenshots of "de-pegging," and when emotions run high, it's easy to fall into the illusion that "more yield = safer."
Anyway, when I look at projects now, I first ask myself: what's the worst-case scenario, who will foot the bill, and can I see the exit path at a glance...
If not, I’ll just avoid it a bit more, for now.