LI
Lido Finance
Potential
Multi-chain 0 Tracking
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Lido Finance sits at the core of Ethereumβs staking layer.
It is the protocol behind stETH, a liquid staking token representing staked $ETH.
When users stake ETH through Lido, their funds are pooled and delegated to validators. In return, they receive stETH, which reflects their staking position and accrues rewards over time.
stETH represents a share of the staked ETH and can be used across onchain applications such as lending or collateral, while continuing to accrue staking rewards.
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