since the Merge, the total amount of post-merge MEV rewards for Lido stakers stood at 503.74 ETH., ETH staking on Lido has rallied since the beginning of the month. The liquid staking platform registered just a 0.15% uptick in total ETH staked in the days leading up to the Merge.Source: Glassnoderevealed a decline in total value locked on Lido. At the time of writing, figures for the same stood at $6.47 billion.
Over the last 17 days, this had dropped by 5%. At its press time level, however, Lido’s TVL stood at its October 2021 level. Although a leading ETH staking platform, TVL on the protocol has declined consistently over the past few months. For context, Lido’s TVL has dropped by 62% since UST de-pegged in May.In light of concerted efforts to keep stakers returning, APR for staking with Lido has risen significantly since the month began. Towards the beginning, Lido staking APR stood at 4.02. At press time, it was pegged at 5.00.
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