steTH

steTH

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Description

stETH is a product of Lido, a liquid staking solution for Ethereum (ETH), Solana (SOL), and Polygon (MATIC). When you stake your ETH through Lido, you receive stETH tokens in return. These stETH tokens are liquid and can be used across the DeFi ecosystem. Lido aims to simplify and secure participation in staking, allowing users to stake any amount of their tokens to access daily staking rewards. As of the latest data, Lido has a total of $14,622,627,919 staked tokens and has paid $697,289,000 in total rewards to 289,100 stakers. The platform supports multiple networks and offers an APR of 3.8% for staking ETH. Lido is governed by a Decentralized Autonomous Organization (DAO) that uses the LDO token for governance voting.

Token Info

steTH
0xDFe66B14D37C77F4E9b180cEb433d1b164f0281D

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