Recently, people have been discussing LST/re-staking again, and honestly, the returns are not just falling from the sky: some are just the normal interest from underlying staking, and a lot of it actually relies on "someone willing to pay for your security/liquidity," such as new services wanting to borrow reputation or guarantees, with the money coming from incentives.

There is also risk involved: if the protocol rules change, the penalty and confiscation mechanisms are unclear, or if there are layered complexities across protocols, if the upstream encounters issues someday, you'll also be blamed, and even withdrawing completely might not be easy.

The community has been arguing about privacy coins/mixing compliance boundaries these days, and everyone wants freedom, but in the end, it might be "responsibility" that foots the bill... I’ve anyway turned off some old authorizations first; if the returns are a bit lower, so be it, at least I can sleep more peacefully.