Lido Staked Ether

STETH

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UK Political Landscape Faces Scrutiny Over Crypto Donations

Reform UK has become the first major British political party to accept cryptocurrency donations, raising concerns about transparency, money laundering, and foreign interference in elections.

Maria Gutierrez

an hour ago

Nigel Farage Joins Stack BTC Plc as Investor

Reform UK leader Nigel Farage has made a notable investment in Stack BTC Plc, contributing to a fundraising round aimed at bolstering the company's Bitcoin treasury.

David Robinson

an hour ago

Dogecoin Faces Critical Support Level Amidst Technical Analysis

Dogecoin is currently trading near multiyear lows, with traders speculating on a potential breakout as it tests a critical support level.

Andrew Smith

an hour ago

Traditional Banks Consider Legal Action Against OCC Over Crypto Licenses

The traditional banking sector in the U.S. is considering legal action against the OCC over federal licenses granted to crypto firms.

Jacob Williams

2 hours ago

What is Lido Staked Ether?

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.