lrt yield compression reality

LRT vs stETH yield spread keeps compressing. The easy risk premium from restaking is mostly gone now. This means the market is pricing restaking protocols more efficiently. The days of 10-15% extra yield for the same ETH exposure are fading. I'm rotating some of my LRT position back into blue chip lending pools. 5% on Aave with no smart contract risk looks better than chasing 7% on a newer restaking vault.