Hi @asira,
Yes, Finance Nest does consider the concentration of revenue a risk. Our revenue dips when the ETH prices dips, so if market conditions turn, it is fair to assume revenue will turn as well. This risk is further compound with protocol liquidity as this centres around high vol assets. We are very much running a barbel strategy, lots of risk on assets and then very risk off assets to try balance it out.
The work @ChrisG, @afromac and @allen are doing with launching the first inverse FLI products will help reduce this risk profile. See forum post: IIP-119: Launch iMATIC, iETH, BTC2X, iBTC FLIs on Polygon. We can definitely do with a broader range of product offering and a more evenly distributed revenue base. We are fortunate to have two really strong products and to be growing out the capability to have many more.