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Wrapped stETH

WSTETH
Official links
Website

News

Details of Revenge Tactics Revealed by South Korean Criminal Ring

Details of Revenge Tactics Revealed by South Korean Criminal Ring

chest
The criminal organization uncovered by South Korean police has revealed a range of revenge tactics employed against clients' targets, including defamation, harassment, and physical assaults, all funded through cryptocurrency.
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Leo van der Veen

ATEG's Index Price Model Enhances Financial Planning for Users

ATEG's Index Price Model Enhances Financial Planning for Users

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ATEG's index price model allows users to engage in financial planning without the worry of short-term price fluctuations.
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Aisha Farooq

ATEG Launches Innovative Hybrid Model to Combat Cryptocurrency Volatility

ATEG Launches Innovative Hybrid Model to Combat Cryptocurrency Volatility

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ATEG launches a new digital asset that combines market-driven pricing with real-world usability to tackle volatility in the cryptocurrency market.
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Li Weicheng

Western Digital Delays Transition to HAMR Technology

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Western Digital has extended its ePMR technology roadmap, indicating a slower transition to HAMR drives.
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Bayarjavkhlan Ganbaatar

What is Wrapped stETH?

wstETH is a wrapped version of stETH. Instead of rebasing, or changing account holdings daily it is similar to a c-token. It represents a pro-rata ownership of the staked ETH (stETH). When someone exits wstETH they are returned principal stETH + stETH earnings. Lido is a liquid staking protocol for POS blockchains. It gives you a liquid token that represents your staked collateral and earnings over time. Lido removes the need to run infrastructure and enabling continued participation in DeFi. wstETH is minted and burned as stETH is wrapped and unwrapped.

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