Recently, I saw a bunch of projects promoting re-staking/sharing security claiming "returns can be layered again." I was initially tempted because when gas fees are cheap, people tend to get itchy... But then I thought, the returns are compounded, and the risks are not reduced, especially those that reuse the same collateral everywhere. Honestly, it's more like copying the "sense of security" multiple times. The turning point is this: when something really goes wrong, liquidation/punishment won't be split according to promotional posters; everyone suffers together. The kind of inflation + studio + coin price spiral seen in blockchain games also looks quite similar—initially exciting, but ultimately sustained by new stories. Anyway, I now treat it as a high-volatility play; if you understand it, go ahead. Small positions just for fun, don’t mistake illusions for annualized returns.

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