Ethereum’s staking yield has fallen below 3%, facing competition from DeFi and RWA protocols. This article explores Ethereum’s position as the largest proof-of-stake blockchain, the alternatives on offer, and the potential impact on the network and investors. The article also looks at stablecoins like sUSDe and SyrupUSDC yielding 46.5% returns, and how the rising adoption of these yield products, which are largely built on Ethereum, could boost its value. The dichotomy between Ethereum losing the yield battle and maybe winning it in a different manner is further discussed.
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