Some people say "re-staking is like getting an extra layer of profit for free"—I just want to reply with half a sentence: first, consider the tail risk... This thing is more like lending the same umbrella to several people; it looks pretty good on a sunny day, but when it rains, you see who’s grabbing the umbrella. The stacking of yields can easily lead to stacking confidence as well, and honestly, sharing safety and sharing risk might just be sharing the same accident. Recently, hardware wallets are out of stock, and phishing links are everywhere; I actually prefer to keep my positions simpler: hold onto the interest rate curves you understand, and for the "extra layer" you can't see clearly, just pretend you didn't see it—stay alive longer.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin