When I first heard about re-staking and shared security, I genuinely thought it was just about “taking more interest on the same principal,” the kind where you might as well claim it—if you don’t, you’re losing out. But now it looks more like lending the same umbrella to several people to use: it’s fine when the weather is clear, but the moment it rains, it’s easy for them to tear it apart from each other. And when the returns stack up, whatever you do, don’t casually stack the illusion on top as well.

Recently, that mainstream public chain is set to upgrade/maintain, and the group chat has started speculating about whether the ecosystem will “move.” I think whether or not it migrates is one thing—what matters first is to figure out exactly who your staked assets are guaranteeing, and who gets liquidated first if something goes wrong. Anyway, I only dare to try with a small position for now: if I make a profit, I won’t get carried away; if I lose, I’ll just treat it as tuition. Then I’ll review the authorization and the unlock period again… I’m going to sleep—tomorrow I still have to go to work.