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Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll

Yearn.finance's proposed token, yETH, which tracks a basket of ETH Liquid Staking Tokens (LSDs), may not be launched yet, as some users have questioned the need for exposure to multiple LSDs after the Shanghai upgrade. Some users have suggested that the proposal is too similar to existing projects like unshETH, which has already launched, and that it may only exacerbate the problem of fragmenting LSD asset liquidity. The poll on whether to launch yETH is set to continue for another three days. (Coindesk)

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