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That’s not the correct APY users currently earn on any of the LSDs. Simplestakers does some kind of algorithm and averages yearly rates+pegs. Personally, I think it’s unhelpful and extremely misleading. sfrxETH isn’t yielding 4.25%, it’s yielding lower. And stETH isn’t yielding 4.47%, it’s yielding much lower. You’re better off looking at what the actual LSDs report their APYs as. For Lido they report 3.9% APY currently: https://stake.lido.fi/ sfrxETH is currently earning 4.15% APY https://facts.frax.finance/frxeth

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