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@chaskin.eth
Tell me where my thinking is wrong: Lowering issuance curve + restaking could kill LSTs If issuance is low enough LST yield (solely from issuance) won't outweigh governance + smart contract + centralization risks. Restaking offers yield LSTs won't touch. Solo staking is still attractive because MEV + restaking yield
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Ed Za
@edza.eth
People are lazy & staking is not super simple. This also discounts risks of running your own validator. LSTs will likely dominate whatever issuance curve you have. The solution to increase solo staking is to make it easier, less risky and usable as collateral in DeFi.
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Ed Za
@edza.eth
Pushing people towards restaking also seems like it should be avoided. It’s great for people who want added risk but having it increased as a design goal of eth issuance seems like a very bad idea. Potentially leading to systemic issues.
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