Wu said that according to Nansen's research, Ethereum's on chain returns have exceeded treasury bond, among which, in the field of medium and low risk returns, Ethena sUSDE~10% APR, Kamino stable currency 6% -10% APR and Pendle PTs have double-digit APR; In higher yielding stablecoins, Resolv USR~12.4% APR, Infinifi's Senior Tranche~8.77% APR, etc; The ETH staking rate also increases with the rise in price, with Liquid Katana ETH of Ether fi at around 18% and Standard ETH at around 6.8%.