Thoughts on bETH on Terra network? Is it worth it?

I have read several posts and saw several videos about bETH and borrowing against it and staking UST and end up getting upto 30-40% APY. Has anybody tried it, any pros/cons? What happens after ETH2.0?

I am just trying to earn some interest on my ETH. Currently I am using Celsius and getting 5.35%.