Just woke up, checked the on-chain data, and staked this set of "shared security." It sounds pretty good, but now whenever I see yields stacking up, I instinctively slow down... To be honest, security isn't an infinitely reusable point system, and risks don't get smaller just because you package them as "portfolio returns." The interest rate spread is profitable, but each additional layer of protocol/permission/bridge makes the string in my mind tighten a little more, especially when sudden abnormal transfers or permission changes pop up. These are really more important than the APY numbers.

Recently, I've been talking about expectations of rate cuts and the rhythm where the US dollar index rises and falls together with risk assets. I personally don't dare to treat this macro sentiment as a "safety cushion." Yield stacking is fine, but don't casually add your certainty into an illusion—just leave it at that for now.