An increasing stETH discount could incentivize leveraged staking activity among those with a low expectation of PoW fork token value.
This would tend to raise ETH deposit rates on lending protocols while further increasing liquidity tail risks.
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越来越多的 stETH 折扣可能会激励那些对 PoW 分叉代币价值期望较低的人进行杠杆质押活动。
这往往会提高借贷协议的 ETH 存款利率，同时进一步增加流动性尾部风险。
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