Maintaining ETH yield gets trickier as incentive structures splinter and market rates shift rapidly. agETH has continued delivering strong results precisely because it operates as an actively managed strategy rather than a passive vault sitting idle. The real competitive advantage doesn't come from the underlying asset itself—it's built into how liquidity flows, leverage ratios, and exit mechanisms are calibrated and adjusted. Active portfolio management and responsive risk handling: that's what separates sustained returns from temporary gains.