"So you staked your ETH on the Ethereum blockchain to generate yield?"


"Yes, Dave."
"Except you didn't want the capital to be locked, so you actually staked it through a liquid staking protocol called Lido?"
"Exactly, Dave."
"And Lido gave you a receipt token called stETH in exchange?"
"That's right, Dave."
"And then you thought that wasn't enough, so you decided to squeeze even more yield by depositing your stETH tokens into a restaking protocol called Eigenlayer?"
"Correct, Dave."
"And since you also didn't want to immobilize the capital, you actually did restaking through a liquid restaking protocol called KelpDAO that provided you with a liquid restaking receipt token called rsETH?"
"You got it, Dave."
"And of course, that wasn't enough juice either, so you deposited your rsETH tokens into a lending protocol called AAVE to open a leveraged loop position that borrows ETH against the rsETH collateral and then restakes that ETH, turning it into rsETH again, which is deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security was held together with pins, which was obviously hacked by North Koreans, causing rsETH to become under-collateralized, leaving all these positions stuck in a loop and unproductive, with everyone pointing fingers, and by the way, DeFi is a very serious industry."
"You are completely right, Dave."
Anyway.
ETH-3,29%
STETH-3,48%
AAVE-2,27%
ZRO-1,17%
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