Recently, people have been talking about LST and re-staking again, basically the profits are twofold: one is you take the "original rewards" from staking and sell them, the other is that someone is willing to pay a premium for "liquidity + leverage space." The problem lies here: if the premium disappears, the profits shrink, and on-chain layers of contracts, delegation, proofs, and so on—any link in the chain breaking isn’t just a matter of "earning a little less."

These days, hardware wallets are out of stock again, phishing links are everywhere, and when I see phrases like "claim airdrops/subsidies and then re-stake," I get nervous, almost impulsively wanting to uninstall or exit several wallet apps... but then I think it’s better to be honest and press the physical button once, verify the address three times—better slow than sorry. Anyway, even if the yields are tempting, they’re not tempting enough for me to treat signing as a lottery.