Recently, the group has been arguing again about hardware wallets vs. multi-signature vs. social recovery. To put it simply, it still comes down to whether you can currently tolerate the probability of “losing everything and it’s over.” I’m pretty cautious myself. I keep small amounts in a hot wallet for convenience. But if I’m talking about an amount large enough to keep me awake at night, I’d go with a hardware wallet and make sure the backups are written clearly—don’t treat the seed phrase like a family heirloom you end up unable to find yourself. I’m more willing to use multi-signature for DAO treasuries; the process is a bit more complicated, but it’s auditable. The thing I’m most afraid of is the temptation to let “one person have full authority.” Social recovery sounds great, but I always worry about things like contacts changing numbers, relationships cooling off… and by then, regaining access could be even harder than governance voting. By the way, I’m also a bit slow to catch up with the whole RWA and US bond yield setup. When comparing on-chain yield products, I’ll first look at the risk terms—no matter how high the returns are, I don’t want to become a test subject. That’s it for now.