Recently, I've been looking into LST and re-staking again. To be honest, the returns don't fall from the sky: one part is the basic rewards at the consensus layer, and the other part is selling the "security/validation services" again to get subsidies or fees. It sounds pretty good, but the risks are quite straightforward: vulnerabilities at the contract layer, malicious acts or penalties by service providers, liquidity crises causing LST discounts—when combined, it doesn't seem "stable" anymore. Currently, RWA and US bond yields are often compared to on-chain yield products. My feeling is that on-chain, it's more about packaging uncertainty into a curve... Anyway, I plan to first think through the exit options and worst-case scenarios clearly before taking action, even if it means earning less.