What will become of Lido Finance as sETH gets depegged for the second time this month

2 years ago 98
stETH is a token representing staked Ether in the Lido Finance platform, combining the value of an initial deposit + staking rewards. A derivative token backed 1:1 by ETH. Users who stake their ETH on the Lido Finance platform receive the staked derivative in return. Users/stakers can access the value of their staked tokens while […]
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