Today I crossed two L2 air drops and took a quick look at LST/re-staking, the more I look at it, the more it seems like "cutting the same sense of security into many tickets." The profits are mainly two parts: one is the basic income from Ethereum staking, and the other is re-staking to lend your validation/reputation to other services (like AVS) for incentives. It sounds pretty attractive, but the risks are straightforward: if the underlying layer has issues or the service layer gets penalized/attacked, the punishment could be transmitted downstream; plus, during liquidity crises, LST discounts can drop faster than bridges. Recently, there's been talk about some regions increasing taxes and tightening compliance, and I clearly feel that everyone is more sensitive about "whether they can smoothly deposit and withdraw funds." The more uncertain it is, the more they chase high yields... I plan to split my positions into smaller parts first; whether I make money or not is another matter, but I don't want to step into a chain of landmines.