@artdemocrat.eth
1) ETH price dumps abruptly, liquidating a large amount of LST/LRT positions
2) one or more LSTs depeg (could also be due to a staking pool bug), massive DeFi liquidations affecting the peg even more
3) DeFi destabilizes, bad debt arises
4) EiL security collapses
LSTs/LRTs are safe. Leveraged LSTs/LRTs are dynamite.