Yu Xian: Binance hack indirectly boosts stETH yields; Lido's 7-day average APR rises to 4.2%.

Yu Xian, founder of SlowMist, said that Lido's 7-day average APR has risen from 2.2% to 4.2% in the past two days. Yesterday's Binance hack triggered fierce competition on the blockchain, which increased Ethereum execution layer rewards, benefiting stETH holders.