I've recently been getting into LST/re-staking a bit, and honestly, the returns aren't just falling from the sky: part of it is the interest from basic staking, and another part is more about "lending your security to others" in exchange for subsidies/fees. It sounds pretty attractive, but the risks are very real: slashing, contract/operation errors, and liquidity runs where everyone panics and runs at once.

My mom asked me a couple of days ago, "Isn't that just earning an extra interest?" I could only say... it's pretty much the same, but you're also signing up for a few more "pots" of trouble.

And recently, with news of cross-chain bridges being hacked again, I'm more cautious about any path that involves "repackaging and moving assets"; plus, with oracles occasionally acting up, people are starting to default to "wait for confirmation," which actually indicates that some parts of the system are not fully trusted. Anyway, I make sure to clarify authorization, signature content, and nonce order, so no matter how high the returns are, I won't let a single wrong signature take my principal away.