Lido Staked Ether

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Elon Musk Reveals Bold Plans for SpaceX's Future

Elon Musk outlines bold plans for SpaceX, including sending thousands to the Moon and launching AI satellites.

Son Min-ho

17 hours ago

Analysts Present Varied Valuation Forecasts for SpaceX by 2036

Analysts present a wide range of forecasts for SpaceX's valuation by 2036, estimating between $470 billion and $40 trillion, influenced by unproven business models and market conditions.

Ayman Ben Youssef

18 hours ago

Visa Launches New Platform for Stablecoin Management

Visa has launched the Visa Stablecoin Platform, allowing banks, fintechs, and payment providers to manage stablecoin operations seamlessly.

Tando Nkube

18 hours ago

House Financial Hearing in New York Aims to Shape Digital Asset Regulation

A house field hearing in New York aims to build consensus around standard digital asset legislation, impacting market dynamics.

Kofi Adjeman

2 days 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.