Last week st-yETH holders enjoyed 5. 38% APR (plus 22. 1% incentive APR). But this week only a measly 2. 96% APR. Why is this.
17 Nov 2023, 15:21
Last week st-yETH holders enjoyed 5.38% APR (plus 22.1% incentive APR). But this week only a measly 2.96% APR.
Why is this?
Pending yETH will be added to the pool this week - boosting next weeks number.
st-yETH's APR fluctuates weekly, but averages out over time to the best risk adjusted LST yield (in our humble view). yETH was designed to always reflect the true yield, which is buffered out to mitigate slashing events.
Go to yeth.yearn.fi to get exposure to a basket of LSTs all in one holder governed token.