limited to it) have had 20% outflows since last month. Has anyone any insight about the reasons ? (I will block and report dms)
Lido TVL in 10 March : 39 B
Current Lido TVL : 28 B
ETH down 25%
Why didn't APY increase then?
TVL in ETH terms also decreased mostly due to airdrop farming on restaking projects like ether fi, eigen etc
Actually not. Only 10% of the the outflow went to Restaking. The major reason is stable coins borrow rates increase
Didn’t know that Thank you for sharing
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