Honestly, I’ve been staring at LSTs and re-staking projects every day lately—I feel like my brain is about to get twisted.

What people call “re-staking” and “stacking buffs” is basically this: you take one staking receipt and stake it again into another protocol to earn two layers of interest. It sounds great, but the risks are stacked too. If one layer of staking gets liquidated, everything underneath collapses. I just saw someone in a group chat saying that a lot of the capital behind re-staking protocols comes from those borrowed LSTs—leverage is cranked up to the sky, and it makes me feel uneasy.

Also, market sentiment lately feels really off. Everyone keeps watching staking unlocks and token unlock calendars all the time. The moment they see a big unlock, they start thinking it’s going to dump—afraid they’ll move too slowly. Maybe it’s just me being overly anxious, but overall it feels like the pressure is pretty weird. In plain terms, these fancy DeFi games right now may look very tempting on the yield side, but you’ve got to keep an eye on liquidity blowups, protocol vulnerabilities, and liquidation lines layer after layer—your wallet doesn’t feel great.

Forget it. I won’t mess with any of this tonight. I’ll go home and revoke the unused protocol approvals in my wallet, then go to sleep.