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In the past few days, I've seen everyone hype up re-staking and shared security as if "the returns are stacking up to the sky."
Honestly, I'm quite conflicted: returns can be compounded, but so can risks.
To put it plainly, don't treat the model as deterministic.
Especially since many new services are still in the trial phase, if nodes/delegators make operational mistakes or if rules change, a slash isn't going to show mercy.
And then there are those opinions that tightly link ETF capital flows, U.S. stock market risk appetite, and crypto market rises and falls.
Seeing too much of that can make your mind restless...
But I'm more concerned about who on the chain is actually bearing what risks, and who is ultimately paying for security.
My mom asked me yesterday, "Is this re-staking similar to a fixed deposit where you can earn interest again?"
I could only reply half-heartedly: "It's roughly the same idea, but you might lose the principal..."
Anyway, I now prefer to take it slow, choose more conservative delegations, and sleep more peacefully.