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New lows for Ethereum validators.

Staking yield has been below 4% since August (3.3% APY now).

Meanwhile, @pendle_fi is offering 4.146% APY on FIXED yield.

That’s like the bank giving you a term deposit rate higher than variable market rate.

GM 🫡

https://theblock.co/post/256642/ethereum-validator-queues-drop-to-record-lows…

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GM

In the wise words of @crypto_linn

If you aren’t outperforming ETH, then better to hold ETH

Better yet, get a fixed yield

In the wise words of @crypto_linn. If you aren't outperforming ETH, then better to hold ETH. Better yet, get a fixed yield.