LST/re-pledge this set, to be clear, the returns are not falling from the sky: part of it is the "salary" from the pledge itself, and most of the rest comes from someone willing to give you money (incentives, fees, or transferring risk to you). The problem is that the risks are also quite honest: once the underlying assets have a problem, LST will shake first; re-pledging is even more exciting, equivalent to using the same collateral to work multiple jobs, more wages mean a higher chance of work injury.

Recently, those new L1/L2s are aggressively pulling TVL, and I see the comments where brothers curse "mining, selling" quite honestly... If I had jumped in at that time chasing those bonuses, I might now be in the group studying "why is my liquidation price so close to me." Anyway, personally: I prefer to watch others explode, and not use myself as material.