The 2-Minute Rule for lido finance
As being a return, stakers generate a generate on their assets and receive a by-product of stake ETH, called stETH – a Lido-issued asset which comes with utility and governance abilities. ETH can not be moved/traded or made use of as collateral whenever a user is staking ETH — To paraphrase, staked ETH is illiquid.Below are a few of the greate