Recently, I've been looking at the "shared security" of re-staking again, basically it's using the same collateral repeatedly to work, the returns look pretty attractive, but don’t get carried away thinking the returns stack up and the illusion stacks up too... When the market heats up, liquidity becomes thinner, and slippage immediately teaches you a lesson. Security is the same; you might think you're earning interest, but you're actually eating into the correlation. When something goes wrong, it could wipe everything out, not diversify the risk.

Right now, I only focus on two points: whether the exit channel is smooth (can I really withdraw or am I just waiting in line for rescue), and who is backing whom (don't end up discovering it's "community consensus" backing).
By the way, recently there's been a lot of noise about privacy coins/mixing coins. My feeling is: as compliance boundaries tighten, the first to collapse are often not the technology but liquidity and trading pairs... Anyway, don’t mistake “usable” for “can sell at any time.”
That’s all for now.