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Lido on Ethereum protocol is a liquid-staking protocol for ETH. stETH is a transferable rebasing utility token representing a share of the total ETH staked through the protocol, which consists of user deposits and staking rewards. Staking rewards are distributed daily, rebasing the stETH token with an APR.
Lido on Ethereum protocol is a liquid-staking protocol for ETH. stETH is a transferable rebasing utility token representing a share of the total ETH staked through the protocol, which consists of user deposits and staking rewards. Staking rewards are distributed daily, rebasing the stETH token with an APR.
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