These days, I took another look at LST/re-staking. To be honest, the main source of profit isn't just made out of thin air: part of it comes from the block rewards of staking itself, and another part is more like a "rent out security" service fee/incentive. It sounds pretty attractive, but the risks are quite straightforward: if the underlying staked assets get penalized (slashing), that's a given. Re-staking adds another layer—you’re essentially giving the same collateral pledge to more places, which creates a chain reaction if something goes wrong, plus contract vulnerabilities, exit queue issues, and discounts when liquidity tightens... I'm just a small bear watching the market overnight, so I only dare to try small positions now. Don’t expect too much from the returns. By the way, thinking about NFT royalties—creators want to earn more, while secondary markets want to sell better—it's really a tug-of-war between security and profit. In the end, it all depends on who’s willing to pay for whom. That’s it for now; I’ll review again tomorrow.

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