I once tried taking the small amount of coins I had to play with and then staking + sharing security, thinking "an extra layer of profit" sounded pretty good.


After watching on-chain data for a few nights, I realized that honestly, the returns didn't stack up much, but the risks definitely piled up: on one side, there's the penalty/unlock period of the original protocol, and on the other side, if something goes wrong downstream, you also have to take the blame.
A price fluctuation can easily scare you awake.
That night, when the liquidation waterfall came out, I finally understood that "security sharing" sounds stable, but actually, it also shares the correlation...
Recently, there's been a heated debate over NFT royalties. Creators want to get more, but the market fears liquidity will get stuck.
I feel it's similar to re-staking: everyone wants to get a little more, but money won't just appear out of nowhere.
In the end, it's mostly about passing on friction and uncertainty to those who come later.
For now, that's it. Anyway, I withdrew after that, sleep is important.
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
  • Pinned