Recently, I've seen a bunch of discussions about LST/re-staking again, basically saying that the main sources of yield are twofold: one is the original staking rewards from inflation/fees, and the other is the rewards earned by "using the same security to take on multiple jobs." It sounds pretty attractive, but the risks are also quite direct: the more jobs you take on, the more likely it is that one day rules change, penalty mechanisms go haywire, contracts have small vulnerabilities, or liquidity tightens causing LST discounts. You might want to withdraw, but it may not be easy to do so cleanly.

The macro side is also quite tangled; expectations of rate cuts sometimes boost risk assets together, and other times the dollar index moves and everyone pulls back... I now prefer to think of re-staking as "adding spice," not the main course. Keep a smaller position, and being able to sleep well is the most important.

Additionally, I trust data a bit more; at least drawdowns and discounts will show their weakness in the data first, and intuition can easily be fooled by "today's strength." That's all for now.