Lido Staked Ether STETH
STETH
1877.9
$
0.00 %
Change 24h
Market Cap
$ 17,862,400,000
Volume 24h
$ 1,779,120
Circulating Supply
9,512,100
Total Supply
415,927
STETH
$
Description
Lido Staked Ether (stETH) is a token that represents your staked ether in Lido, combining the value of initial deposit and staking rewards. stETH tokens are minted upon deposit and burned when redeemed. stETH token balances are pegged 1:1 to the ethers that are staked by Lido and the token’s balances are updated daily to reflect earnings and rewards. stETH tokens can be used as one would use ether, allowing you to earn ETH 2.0 staking rewards whilst benefiting from e.g. yields across decentralised finance products.