Recently, I've seen a bunch of people talking about LSTs and re-staking again. To put it simply, returns can't come out of nowhere: either it's the basic rewards + transaction fees at the consensus layer, or you're packaging and selling your "trust" to other protocols/services in exchange for some subsidies or fee sharing. It sounds pretty attractive, but the risks also stack up—more layers mean more points of failure: smart contract vulnerabilities, governance rule changes, sudden liquidity issues, queues for redemptions in extreme cases... Anyway, I’m the slowpoke type, so I’ll just watch the on-chain redemption and discount situations first, stabilize for a while before making a move. Now my attention is being pulled away again by memes and celebrity calls; I’m a bit worried about newcomers rushing in too fast, and ending up with that "hype" stick in the end.

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