Recently, I've seen a bunch of discussions about re-staking and shared security again. The returns stacking up do seem quite attractive, but I always feel like what everyone is stacking isn't actually returns—it's an illusion... To put it simply, if you split the same "sense of security" into multiple parts to sell, the risk will also stack up, and it won't automatically become stable just because the page shows APY.

Especially these days, memes and celebrity shoutouts are heating up again. When attention shifts, newcomers are most likely to get caught up in the hype and jump in impulsively as the last one to join. An old player might say: first, think clearly if you can handle the worst-case scenario.

There are many tutorials, but I actually prefer those that explain in plain language how liquidation, confiscation, or de-pegging actually happen, without talking about mysticism. Anyway, I have one rule for myself: take some profit when you can, treat the rest as tuition fees, and go with that for now.