Why liquid restaking pays 8–12% — and why that number is never free.
An LRT’s yield stacks three layers: base Ethereum staking (~3–4%), AVS rewards for the extra services your ETH secures, and protocol/points incentives. That lands most LRTs at 8–12% APY, with spikes above 15% when AVS demand surges — but every extra point of yield carries extra slashing, depeg or complexity risk.
Reliable base yield with the deepest liquidity to exit when you want.
LRT yield = staking + AVS rewards + incentives. Higher headline APY usually means higher risk — size accordingly.