Wrapped liSLVR is staked and auto-compounds, so the rate only rises. Use wstliSLVR to LP: naked liSLVR in a pool stops earning; wrapped keeps every reward. Unwrap anytime.

The liSLVR line steps up on each auto-compound and never falls. Fair value is that times the vault's backing; the pool line is what the pool actually trades at — the gap between them is the premium or discount.