I honestly prefer to use 1 chain of Multiband Compression from Izotope Neutron, and side chain my tracks to multiple Multiband Compressors in different mixer channels. There are no wrong or right ways to post-process a track with compression, it is all a matter of desired effect.
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I'll admit this tip applies more to analog-style processing; tools like neutron are great too! I'm curious, what are you using your multiple multiband sidechains for? Are they just various parallel compressors or do you have something else cool going on?