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Lately I've been stacking projects related to re-staking / shared security again, stacking upon stacking, it looks pretty sci-fi, like adding more shield modules to a small spaceship... but I realize the easiest thing to stack isn't returns, it's illusions. Especially with a bunch of "multi-layered yield" screenshots sitting there, the human brain automatically treats risk as background noise.
Now everyone loves to compare RWA, dollar debt yields, and on-chain yield products, honestly I get tempted too, but that "extra" on-chain stuff is often just you absorbing tail fluctuations for the system. Shared security sounds like a galactic-level public facility, but in practice: who bears the ultimate risk, how are penalties triggered, and if the correlations are high, will they all blow up together? Anyway, looking at these now, I’ll first remember the word "shield," then go back to confirm what exactly it’s protecting against and whether it might backfire. That’s all for now.