Coinbase claimed the ETH APY would go up to 12% after the merge. It’s now showing 3.77% a .50% increase after the merge. COINBASE: : ethereum

It is probably going to take some time for the new APY to be established. It has barely been a day and the seesaw staking/selling of ETH is still ongoing. Everything is in a state of flux right now. That and I can’t believe the increase will only be .5% after this major upgrade and all of the work that went into it. We need to see what the staking pools are doing before rushing to a judgement…