Recently, I've been looking into LST/re-staking again. To be honest, the returns aren't just falling from the sky: part of it is the original staking rewards, and the other part is lending out the "same sense of security" to collect rent (service fees/incentives or something). It sounds pretty attractive, but the risks stack up too: if there's a bug in the protocol layer, or if the penalty and confiscation rules are unclear, or if everyone rushes into the same path, a slight congestion on the chain can cause gas fees to spike—then I just consider it as weight loss... and I don't even dare to click.

And now the community is still arguing about privacy coins/mixing and compliance boundaries, which feels like the same problem: when rules are unclear, it's easiest to mess with people's mindset and actions. My biggest fear isn't slowness, but chaos—if it's slow, I can still keep track; if it's chaotic, all I can do is pray. Anyway, I'll reduce leverage first, choose what I understand, and not act recklessly.