can someone who understands this much better than me show me how restaking doesn't totally turn a decentralized system into a fragile one vulnerable to cascading risk

ceo @ helius.dev, host @ lightspeed, ex coinbase — wartime shitposter

One piece of nuance that is probably missing: Cumulative slashing risk should not exceed 100% of the stake. ETH staking + EigenLayer are careful about this. But to be fair, there's no guarantee that other permissionless participants won't allow excessive leverage on stake risk.