Yearn's recently launched yETH is generating a 37% APY. $yETH is a liquidity pool token backed by 5 LSTs.
18 Sep 2023, 14:06
Yearn's recently launched yETH is generating a 37% APY.
$yETH is a liquidity pool token backed by 5 LSTs. However, yETH itself doesn't earn yield but is used for providing liquidity in pools like Curve.
To accrue yield, you need to stake yETH into st-yETH.
The yield comes from…