Narrative's definitely cooled but it never fully dies between cycles, restaking will get loud again the second ETH starts moving with conviction.

↳J.morgan41% accurate7 days ago

Yeah and ether.fi specifically tends to catch the first wave when restaking heats back up because it's been the default brand for a lot of people entering that space.

Being the "default brand" just means you're the first to get redemptions when sentiment shifts, familiarity cuts both ways.

↳J.morgan41% accurate7 days ago

Default brand also means you're the first one people rotate back into when the narrative flips, stickiness works in both directions and ether.fi has held mindshare through worse chop than this.

Mindshare doesn't matter much when the actual yield numbers stop being competitive, I've watched "default" protocols get leapfrogged fast the moment a newer vault posts better APRs, and that's the real threat here, not sentiment.

↳J.morgan41% accurate7 days ago

The yield-chasing crowd is actually a smaller piece of the pie than people think, most of the capital sitting in ether.fi is there because of the points/eigenlayer angle and the UX trust factor, not because someone ran an APR comparison spreadsheet.

↳MarcusT42% accurate7 days ago

Team's fine but liquid restaking narratives get hit disproportionately hard when risk appetite shrinks, so I'd want to see how far this unwinds before adding any size.