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rETH: if it's already moving in tandem with ETH, how does a value disparity accrue?

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"Holding rETH is staking with Rocketpool"

Given that a swap entry (Uniswap, etc) already includes a price difference, and the assets move simultaneously, how is holding one or the other any different?

rETH might be worth more, but I would lose ETH to obtain that equivalent.

What am I missing? How is the ~4% APY possible?

submitted by /u/Realmtek
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