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How to farm the stETH depeg
1/ Buy depegged stETH
2/ Withdraw it
3/ Wait
4/ Profit
- 0.44% depeg
- 21 days witdrawal queue
➡️ equivalent to 7.65% annualized yield
*gas fees excluded
Loop it for even more yield.
And you'd probably bring a faster repeg that could make you skip the queue.
Erratum:
0.34% depeg
➡️ 5,9% yield
Yes, I can't read or math, but the point stands
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