Just finished reading a few LST and restaking protocol yield breakdowns, and honestly it’s a bit dizzying. The annualized returns range from 8% to 20%+—but when you split it out, it boils down to three parts: PoS chain rewards from the underlying staking (ETH 3–5% base), native token incentives added by the restaking protocol, and MEV extraction from things like Flashbots. In plain terms: if you only focus on APY, inflation may dilute it until it feels like nothing.

On the risk side, don’t just look at the “automatic re-compounding yield rate” that AI Agents hype. I’ve seen cases where restaking contracts were hit by slot/race attacks—someone else front-ran your LST redemption, and then you’re left holding the bag. Recently, people in the space are also setting up automated trading scripts with AI Agents and starting to run live trading before full security audit reports are out—it’s pretty scary. For me, at least my “brick-laying” trades have ETF premium as a safety buffer. This is purely code-dependent on-chain, so I’ll hold off for now.