Recently, I've been seeing new L1/L2 projects offering incentives to boost TVL, and old users are complaining about "mining, selling, and withdrawing." I can understand that... but what I’m more worried about is the oracle feeding prices slowly behind the curve. You think your position is still pretty safe, but if the price feed gets stuck and doesn’t update, once it finally does, the liquidation line can be broken through with a single kick, leaving you no time to add margin. Honestly, it’s not that the market is too fierce; it’s that the prices you see and the prices used for liquidation are in different time zones. Anyway, I now try to keep a thicker margin when using leverage—if I encounter on-chain congestion or abnormal price feeds, I’ll reduce my position a bit first. It’s slow and costly, but it’s stable, and I sleep better.

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