CM APY dropping to 2.55%?

I just noticed this fine print on my Stessa Cash Management account. Does that mean CM APY is dropping all the way to 2.55% effective April 1st?

Essentials is a free plan and Pro is a premium plan. Annual Percentage Yield (APY) of 2.55% on deposit accounts for new Essentials users signing up; 2.55% for Essentials users opening deposit accounts as of February 6, 2023; 3.85% for Essentials users opening deposit accounts prior to February 6, 2023, which will be reduced to the 2.55% APY, effective April 1, 2023; and 4.55% for Pro users is accurate as of February 6, 2023. APY for the account may change at any time, before or after the account is opened.