Lately, I’ve been a bit numb looking at the unlock calendar, and selling-pressure anxiety is basically turning into a daily routine post. But looking at it from another angle, as someone doing cross-chain arbitrage, the thing I worry about might be different—whether the other side of the bridge is actually safe.

The multi-sig setup is actually pretty counterintuitive: the more people sign, the slower it gets, but sometimes slowness is a good thing. A delay of a few seconds in the oracle price feed irritates impatient folks, but when something goes wrong, those few seconds turn out to be life-saving. The most straightforward approach, ironically, is just “wait for confirmations.” My current habit is to wait for six more blocks—I’d rather give up a few percentage points of profit than be the unlucky person whose transaction gets rolled back.

Next time, I’m planning to split my cross-chain positions even more—so the same piece of capital doesn’t go through the same bridge. Anyway, with so many bridges out there now, low correlation is itself a strategy.

Do you guys have a habit of waiting for a fixed number of blocks, or do you just go for it right away?