Recently, someone was talking about re-staking and shared security, saying that the layered returns are quite attractive.

Just listening to it makes me a bit sleepy…
To put it simply, stacking returns is easy, but illusions can pile up just as quickly:
Who is actually bearing the risk of the underlying assets, and who gets liquidated first if something goes wrong?
If you don’t understand these, no matter how good the numbers look, it’s like a lamp in the fog.
The kind of inflation + studio-driven model in chain games, where the price of tokens suddenly turns and spirals downward,
actually feels quite similar — the model relies on “more and more people joining” to support it.
Anyway, I prefer to take it slow, better to earn less and sleep well.
I’m going to get to work.