LST/re-pledge this set, to be clear, the profits are not just falling from the sky: part of it is the original consensus rewards for staking, and the other part is you selling the "security" again, taking subsidies/points from the project team or the like. Where does the money come from = someone is paying to buy your security endorsement, or burning money to create a narrative.



The risk is pretty straightforward: if the underlying chain has issues, you can't escape, and the layer of re-pledging involves a bunch of contracts/intermediaries/fines and confiscation rules. The biggest fear is that correlation risk explodes together—thinking you're diversified, but in reality, everything is tied with a single rope. Recently, modularization and DAO layer discussions are flying high, developers are excited, but users (me) just want to ask: in the end, do I have to sign multiple times and pay more gas fees... I need to calculate the costs and unlocking time clearly first, or even if the profits look good, I won't sleep soundly.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin