ETH staking APR smashes ATH. Currently 10.20% with Lido.fi

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Moving away from the FTX drama for a moment, for an update on the success of ETH staking rewards. Those who are staking ETH with lido are currently sitting on an almost unbelievable 10.20% APR right now. EDIT: For the people who think I'm promoting lido and encouraging this use your bloody noggin. I thought the tongue in cheek description was enough and my bitcoin sub flair would make it obvious but apparently not. So for those who didn't get it: OBVIOUSLY DON'T STAKE YOUR ETH WITH LIDO. Earlier in the week on November 14th ETH staking rewards set a new ATH of 11.3% on Lido.fi (when combining consensus layer and execution layer APR.) Apparently not dissuaded by the current bear market turmoil and concerns about locking ETH up, Lido increased it's staked ETH holdings by 95,648 ETH over the last two weeks bringing their TVL to approx $6bn with 4.5m ETH staking with them. Lido continue to be the dominant staking force in the market with approx 30% of the total staked ETH. Interestingly though, the total volume of staked SOL during the same period fell -35%. submitted by /u/MilesPower |