Lido's Vault is currently running stable, with a TVL exceeding 100 million USD. ETH yields are still around 10%, and the earnings are accumulated in wstETH. However, please note that withdrawals require a queue (currently within 3 days).
Lido has launched a smart strategy vault GGV, with current $ETH yields reaching 12%. The principle is that it integrates a bunch of DeFi protocols at the base level and aggregates yields. Many projects are working on such products, and all the underlying operations have been abstracted. For newcomers, it’s just a matter of Deposit and Withdraw. Those who are more experienced are familiar with this high-risk area from four years ago known as "money gun pools." The core is not how high the yield is, but rather the restraint in strategy formulation. The risks that were previously exposed are that if the underlying protocols have issues, it could lead to a complete collapse of the entire Lego structure. Although today's DeFi market is more mature than it was four years ago, it still tests the risk control systems of projects very rigorously. In terms of yield, it is currently very competitive, but it needs to run for a while to see the average value. Right now, it’s a single-day APY, and correspondingly, the risks taken are a level higher than the previous Lido ETH Staking.
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