I just went back to look at the liquidation line on the lending platform, and found that I’m actually three steps away from the red line, but I’m just a bit panicked in my heart. To be honest, every time I see that number, my first instinct is to add a bit more collateral, but I’m afraid that doing so will make me even more passive. Later I figured it out and decided to rebalance first—move some of the most volatile assets out, and convert them to stablecoins to hold. Anyway, after that round of the chain-game economy collapsing, I’ve already lost once. Now when I see tokens minted by inflation and studios, it’s like seeing vampires—running faster than anyone. Some lending pools in modular protocols are designed pretty interestingly, but when using them I still have to stay alert; don’t just focus on composability and forget the liquidation line. I guess when you’re three steps away from the red line, the most important thing isn’t topping up—it’s thinking clearly about what the next step is: is it protection or a trap. That’s it for now—don’t learn from me; I’m just messing around with ideas.

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