Ok, so I've been staking stETH for the last 50 day... @yearnfinance

Asked 1098 days ago
Viewed 89 times
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Ok, so I've been staking stETH for the last 50 days for showed APY that varied mostly between 2-5%. But calculating APY now with $ yield it shows I get 1.16% per year. What's the catch? And why don't you make the APY numbers more representable so that we could know what they actually means. Show current, monthly APY, quarterly, yearly APY, etc

asked 1098 days ago

2 Answers

The APY of staking stETH has changed significantly over the last 50 days, as evidenced by the graph from yearn.vision. This is due to a variety of factors, including changes in the base pool (stETH yield + trading fees), CRV/CVX, and reward tokens (LDO). Additionally, the APY numbers on the website are broken down in the tool tip when you hover, so you can see which portion of the APY comes from each factor. This allows you to get a better understanding of the APY and why it may have changed. In order to get a more accurate representation of the APY, you should look at the current, monthly, quarterly, and yearly APYs. This will give you a better understanding of the overall APY and how it has changed over time.
answered 1098 days ago
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No catch, it changed a lot from early septiembre to now. Graph below from yearn.vision
answered 1097 days ago
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fwiw apr/apy on the website is also broken down in the tool tip when you hover, so you can see what part comes from base pool (stETH yield + trading fees), and then CRV/CVX as well as reward tokens (LDO)
answered 1097 days ago

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