Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.59T
CryptocurrenciesCoinsLido Staked ETHabout
Currency icon

Lido Staked ETH
stETH

About Lido Staked ETH

Lido is a staking protocol based on Ethereum that enables users to stake their ETH and earn rewards. It addresses issues of illiquidity, immovability, and accessibility associated with staking on ETH 2.0. Built on Ethereum 2.0’s Beacon chain, users can earn rewards without locking in their Ether or managing staking infrastructure. The stETH token represents staked ETH on Lido, with rewards distributed in the same token. stETH maintains a 1:1 peg with ETH and is usable across DeFi platforms on Ethereum. To receive stETH, users deposit ETH into Lido's smart contracts, which are then staked on ETH 2.0 through node operators in batches of 32 ETH, as per network requirements. Rewards are proportional to the staked amount, with a 10% fee split between node operators and Lido Treasury. Lido DAO g...

Interested To Stay Up-To-Date With Cryptocurrencies?

Get the latest crypto news, updates and reports by subscribing to our Telegram updated channel!

CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.

Products

Assets

Exchanges

RESOURCES

Listing agency

Community

Telegram chat

Telegram news

X/Twitter

Support

Request form

Customer support

Telegram chat

Telegram news

Twitter (X)

IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms "Site" is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

© 2023 CMC.IO. All rights reserved