stETH is a token that represents staked Ethereum in Lido, combining the value of the initial deposit + staking rewards. stETH tokens are minted upon deposit and burned when redeemed. stETH token balances are issued 1:1 to the Ethereum that is staked by Lido. stETH token’s balances are updated when the oracle reports a change in total stake every day.
stETH tokens can be used as one would use Ethereum, allowing you to earn Beacon chain staking rewards whilst benefiting from e.g. rewards across DeFi products.
<aside> ✏️ Want to add new integrations or edit this page? **Submit this FORM.**
</aside>
Explore apps and services using stETH:
<aside> ⚠️ This is a LIVE document, continuously updated by the protocol teams, communities and ‣ contributors. Note that the information in this Notion board might be outdated or wrong. The contributors are not liable for any incorrect or incomplete information within this Notion board.
</aside>
https://embed.notionlytics.com/wt/ZXlKd1lXZGxTV1FpT2lKbE5XTTNNemszWlRZME1USTBaREV4T0daall6QXdZbVV5WXpOaFltRXlOaUlzSW5kdmNtdHpjR0ZqWlZSeVlXTnJaWEpKWkNJNkltTjJhWGhvVUhaNlpuWllhVTgzV0hGaE1USXpJbjA9