These days, the discussion about LST/re-staking has heated up again.

My own understanding is pretty basic: the profit is basically two parts, one is the amount you originally staked; the other is taking that "same sense of security" and using it to back other protocols, which might give you some subsidies/points or the like.
It sounds very attractive, but the risks are quite straightforward: if something goes wrong with that chain of smart contracts, you’re not just losing one layer, but everything connected together;
And when liquidity tightens, if you want to exit, you might find yourself at a discount, faster than NFT floor prices plummeting, which can really mess with your mindset…
By the way, over in Layer 2, they’re arguing again about TPS, fees, ecosystem subsidies, and it feels like the more subsidies there are, the more everyone seems to be like cats on catnip, rushing around.
Anyway, I’ll keep diving for now, and tonight I’ll take another look at the address relationship map. Meow.