stETH is the tokenised form of staked Ether native to Lido.
Lido is a liquid staking solution for Ethereum backed by several industry-leading staking providers. It makes staked ETH liquid and allows participation with any amount of ETH.
stETH combines the value of your initial staking deposit plus staking rewards which accrue daily. Your stETH balance updates daily as 12pm UTC to reflect earned staking rewards, with the update taking place through a token supply rebase.
Lido’s stETH can be used as one would use ether, allowing holders to earn Eth2 staking rewards in addition to rewards through integrated platforms like Curve and SushiSwap.
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