You have explored the given topic in a very beautiful way as always. Slashing in the Crypto word is actually process in which the state tokens of the validators are reduced due to their misbehave or their activity against the rules and regulations of the chain.

If we talk about the advantages of slashing then they are many but we should also keeping view all the drawbacks of this mechanism because implementing it on any blockchain or network. Anyways, good luck ahead 👍