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Stakewise ETH-sETH2 Pool Surge

Seems like someone took a few million $ worth of ETH-sETH2 out of the Stakewise pool. Caused a temporary surge in the fee generated APR. Any opinions on what else it mean / suggest?

https://preview.redd.it/vmw33ofktfd71.png?width=854&format=png&auto=webp&s=744983806fad686032d47fec67fed11cd3ac18a6

https://preview.redd.it/kqmriwfktfd71.png?width=2312&format=png&auto=webp&s=7e6c5e00fe0eb3eca965008bb7e2c31932aa2232

https://preview.redd.it/bn4mftfktfd71.png?width=2342&format=png&auto=webp&s=433028b7d3329b7f4e0c4177f891ed7199e7655d

https://preview.redd.it/2vyelufktfd71.png?width=2422&format=png&auto=webp&s=54c0a4536369a9a7695723ecd165cf3c82d7cc04

What do you think?

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2 Comments

  1. I should add, today Stakewise ended the first month of SWISE incentives, which added around 9% to the pool’s APR. However, I am pretty sure the vote to extend the incentives another month went through, so not sure if that is an explanation.

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