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Lido Staked ETH

STETH

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STETH (Lido Staked Ether): STETH is a wrapped version of Ethereum that represents Ether staked in the Lido protocol. With STETH, users can participate in staking Ethereum by committing their Ether to the Lido protocol and receiving STETH in return. STETH tokens are pegged to the value of Ether, meaning that users can trade their STETH tokens for the same amount of Ether at any time. Staking Ethereum can be an attractive option for those looking to earn passive income on their cryptocurrency holdings. Through its focus on enabling Ethereum staking and providing users with more flexibility in their cryptocurrency portfolios, STETH represents an interesting opportunity in the Ethereum ecosystem.

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FAQ

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Yes. You can swap supported assets via integrated exchange providers.