Recently, I’ve again been seeing people talk a lot about re-staking and shared security—they make the returns sound like they stack up layer by layer, which is genuinely tempting. But let’s be honest: don’t turn the layered returns into a “stable” illusion. If anything goes wrong in the underlying layer, everything above it will shake as well. On-chain, it just looks like there are a few extra buttons, but the risks are actually tied together.

It just so happens that these past couple of days, a certain mainstream blockchain was going to upgrade/maintain, and in the group everyone was guessing whether ecosystem projects would migrate. My first reaction wasn’t to join the excitement—I went back and double-checked the authorization, the signer, and the re-staking contract addresses… I don’t know whether they’ll migrate or not, but once permissions are given incorrectly, it won’t matter where you migrate to.

What I don’t regret is that I’d rather earn a little less and keep my seed phrase isolated, use a hardware wallet, and deal with revoke—because I’m tired of managing all of that. Anyway, I really don’t want to write another apology statement.