MIST founder Cosine: Lido 7-day average APR rises to 4.2%
on October 31, according to SlowMist founder Cosine, Lido's 7-day average APR over the past two days rose from 2.2% to 4.2%.
Cosine believes that the intense on-chain competition triggered by the Binance hacker yesterday brought more rewards to the Ethereum execution layer, benefiting stETH holders.