I think most people are mispricing Bedrock because they are looking at yield expansion while ignoring attention costs inside a multi asset liquid restaking system.
The real tension is not Ethereum, Bitcoin, or DePIN rewards themselves. It is the monitoring burden created when a single position depends on multiple reward engines operating across different economic environments. Bedrock can aggregate opportunities, but it cannot eliminate the need for participants to continuously evaluate where rewards come from and whether the associated risks still make sense. Complexity does not disappear. It gets outsourced.
That changes behavior. Users stop acting like long term stakers and start acting like portfolio managers tracking several moving parts at once. The protocol's survival becomes less dependent on headline APY and more dependent on whether it can compress operational complexity into something users can comfortably hold through uncertainty. High yield attracts deposits. Low cognitive load keeps them. Most protocols optimize for the first. The harder challenge is retaining capital when participants no longer have the time or confidence to monitor every layer of exposure.
