is 5%?
3-What is the best use of sETH just now? I would like to lending or yielding anyway
1. Yes. The interests will be restaked after covering the withdrawal requests 2. It is the fixed and changes daily. Current apr of 7-day moving average is 5%. 3. Lending, lp, minting stablecoins, yield optimising, leveraging staking and more: https://defillama.com/yields?token=STETH may start there
Thanks so much. 5% apr so I imagine that APY will be a bit higher?
5% is the rate after auto-compounding. you could think it is APY.
One doubt about this. We receive the interest the sETH are increasing? I mean If I have 100 ETH that are 100 sETH, when I receive interest (5ETH FOR EXAMPLE) I will have 105 sETH
yes. Lido staked ETH is stETH rather than sETH. your stETH will rebase/increase daily
I mean it will be increase in quantity not in value?
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