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Lido Staked Ether logo

Lido Staked Ether

STETH
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Eth 2.0 StakingDecentralized finance (DeFi)

News

SEC and Its New Chair: The End of Aggressive Regulation in the Crypto Industry

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Under Chair Paul Atkins, the SEC shifts expectations regarding cryptocurrency companies, moving away from aggressive tactics.
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Giorgi Kostiuk

ETH Whales Increase Accumulation, Indicating Possible Gains

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Ethereum trades at $4,520 as whale activity rises, creating an optimistic outlook for the crypto asset.
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Giorgi Kostiuk

Cryptocurrency Prices Drop Amid Asset Depreciation

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The cryptocurrency market lost $450 million in liquidations, with Bitcoin and Ethereum falling over 2%. Analysts expect a recovery.
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Giorgi Kostiuk

Robinhood Launches Venture Capital Fund for Retail Investors

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Robinhood has filed to create a fund allowing retail investors access to venture capital, traditionally reserved for institutional players.
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Giorgi Kostiuk

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.

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