Hello, how do we check the earnings we get from wstETH? How do we know it is accruing or not?
I am fairly new with DEFI and ETH Staking.
As background to my question, I had converted around 1500$ ETH to wstETH and deposited to AAVE V3. I leveraged this thru deposit-borrowing and now is currently 3000$ worth of wstETH.. Since wstETH or stETH is accruing interest at around 3.5% per annum, I should be getting around 105$ per year (assuming its 3000 x 3.5%).
My question is that how do we know if the ETH value or number is increasing or not with wstETH? As my experience with stETH was that I could check the value per day if it is increasing. But with wstETH, how do we check it or track?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments