SlowMist: Binance Hack Indirectly Pushes Up stETH Yields as Lido's 7-Day Average APR Rises to 4.2%

October 31 — SlowMist founder Cos (Yu Xian) posted that Lido's 7-day average APR rose from 2.2% to 4.2% over the past two days. He noted that yesterday's Binance theft triggered a fierce contest on-chain, which increased Ethereum execution-layer rewards, and stETH holders benefited as well.