Most people are mispricing Bedrock because they are treating a multi asset liquid restaking position as a yield instrument when it behaves more like an information processing problem. The real bottleneck is not Ethereum, Bitcoin, or DePIN rewards. It is the number of decisions users must continuously make to maintain conviction.
Bedrock aggregates reward streams but it does not aggregate understanding. Every additional reward engine introduces another set of assumptions that can change independently during different market conditions. What looks like one position on a dashboard is actually a bundle of moving economic exposures hidden behind a cleaner interface. That creates a form of operational debt.
This matters because user retention is rarely lost through a sudden yield collapse. It is lost through monitoring fatigue. A protocol that requires participants to constantly reassess reward quality, risk alignment, and incentive durability transfers analytical workload directly onto users. Over time the winner in liquid restaking may not be the protocol with the highest yield expansion. It may be the one that minimizes decision expansion.
