What is Lido Staked Ether (stETH)
Lido Staked Ether ($stETH) is a staked $ETH in Lido based on multiple networks, combining the value of the initial deposit and staking rewards. The Lido is an Ethereum Liquid Staking Protocol, built on Ethereum 2.0's Beacon chain, allowing its users to earn staking rewards on the Beacon chain without locking Ether or maintaining staking infrastructure. By TokenInsight Research