The current yield is nearly double compared to the competition and as vdAMM usage grows via swaps, deposits, redemptions, exits etc. The yield can go as high as double digits and we've seen that in the past.

The burning question that remains? Can they garner community and protocol support to grow TVL again to reach the required minimum of 15k. Historical TVL was above 15k ETH deposited few months ago.

What makes it even more compelling to wish for unshETH to get added to EigenLayer is that it basically extends support for re-staking to 7 underlying ETH assets with a few more in the pipeline. It really is a no-brainer.

unshETH - 6.37% APY stETH - 3.4% APY rETH - 2.94% APY swETH - 3.42% APY bETH - 3.75% APY cbETH - 3.3% APY sfrxETH - 3.84% APY ankrETH - 3.24% APY

If that sounds too good to be true already..this will blow your socks off in that case. The yield that can be offered by integrating unshETH in EigenLayer will outmatch any other LST in the market, period. Here are the yield comparisons on 17th October, 2023:

Deeper TVL facilitates more efficient trades in vdAMM by providing better swap pricing for anyone exchanging between 7 supported LSTs compared to traditional LPs. Additionally, all the fees are accumulated by unshETH token holders earning real yield on the tokens.

@unsheth_xyz directly promotes validator decentralization via incentives. Currently, unshETH supports 7 major LSTs with more to be added in the near future.