Are you guys in the group circulating those charts again like “stablecoins are going to lose their peg” and “there’s something shady about reserve audits”? I got @mentioned at midnight last night, and honestly, I’m a bit speechless…

By the way, about the LST/re-staking everyone’s been chasing recently—put simply, the returns aren’t exactly falling from the sky: part of it is the baseline rewards from the staking you originally had, and the other part is “borrowing” the same security to let other protocols use it, and they pay you a bit of money. It sounds pretty tempting, but the risks stack up as well: if a contract goes wrong, if nodes/operators start acting up, and if liquidity tightens and you get discounted pricing—the worst part is that it can also spread in a chain reaction, the same kind of playbook as “de-peg panic,” where everyone is trying to run at the same time.

Personally, I’m more of a laid-back type: I hold only a small amount that I can actually understand, and don’t stake my sleep quality on it… Narratives just change fast anyway—having an account that stays healthy for longer matters more.