Hi! I recently moved my Lido stEth to base chain in hopes of taking advantage of the rewards emissions AERO/Coinbase are pumping onto the chain. Usually I avoid LP because of IL, however, this pairing is being offered with a 15% APY right now in your opinion is this a good play? My thinking being as both tokens are loosely pegged to Eth, the IL should be negligible because they moved together. Will returns here actually end up outpacing just staking or is it a bad idea to be doing an LP in the first place? What sort of risks am I not thinking about? Thanks for your thoughts!
submitted by /u/Parking-Bid8838
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