EarnETH, a meta-vault (vault aggregating multiple strategies) for Ethereum-denominated assets, currently applies a 1% platform and management fee and a 10% performance fee, a structure in place since its launch on February 2, 2026. It aggregates ETH, WETH, stETH and wstETH, then dynamically allocates them across Mellow-curated sub-vaults including GGV and stRATEGY, which pursue yield through blue-chip DeFi protocols. The vault reports roughly 4.33% APY and approximately $196 million in total value locked. Withdrawals are made in wstETH and can take up to 72 hours. EarnETH was created as part of Lido’s consolidation effort announced on March 12, 2026, which combined fragmented individual vault strategies into two meta-vaults: EarnETH for Ethereum-denominated yield and EarnUSD for stablecoin strategies. Nethermind completed a security audit on March 2, 2026, roughly one month after launch. Lido is extending 0% infrastructure fees for qualifying stVaults through October 31, 2026, while fees from EarnETH go to the Lido DAO treasury to fund protocol development and governance operations.