Actually, everyone understands that the "extra yield" from LST/re-staking doesn't grow out of thin air.

Either you're packaging the risks of validation/services and selling them to others, or the project team is using subsidies to keep you tied in...
Recently, I've been watching that pile of on-chain re-staking notes, and the more I look at it, the more it looks like stacking paper cups: if the bottom layer has a problem, the top ones will wobble along.

I can probably accept where the returns come from: basic staking plus "rent" out the security to make some money;
but the risks are pretty straightforward—contracts, oracles, penalty mechanisms, liquidity discounts—any of these can make it hard to cut losses, like confessing something you’re reluctant to say.
What's more annoying is that recently, with the tax increase/regulatory shift in a certain region, my expectations for deposits and withdrawals have also become more cautious.
Even though nothing has changed on-chain, I just don’t dare to increase my position.

Anyway, I have one rule now: only put positions into rules,
the rest should be driven by emotions—avoid touching it too much, sleep better.