Recently, the narrative around parallel processing and sharding has become popular again. Seeing the ecosystem map unfold layer by layer is quite satisfying, but when I do visualization myself, I care more about: how does the money get out after coming in? Bridges, cross-chain, multi-signature, upgrade permissions—if something really goes wrong, who takes the blame... To put it simply, while it's lively and exciting, the exit strategy is the bottom line.

Some people also compare RWA, US bond yields, and various on-chain "yield products." I also look at them, but the more I look, the more I think don’t just focus on the numbers—first, clarify the underlying assets, liquidation rules, redemption times, and where the risk control switches are. (The comment section will probably start arguing again.) My current approach is to prefer earning less but being able to withdraw at any time—so that's how I do it for now.