Wrapped liquid staked Ether 2.0

About Wrapped liquid staked Ether 2.0 token

Lido offers Ethereum staking solutions through its decentralized finance (DeFi) platform. This allows users to remain liquid while staking their ETH, making it possible for them to engage in yield-generating activities directly. The Lido stETH token represents ETH that is staked thus remaining within the DeFi ecosystem. Lido has differentiated itself from the pack by having a Distributed Validator Technology (DVT), which increases the security of its node operators as well as diversifies their sources. By doing so, they eliminate any single point of failure and hence mitigate risk associated with validator operations. Additionally, they use a decentralized autonomous organization (DAO) for governing the protocol, thereby enabling community-driven decision-making powers. It rewards are competitive and deep liquidity while being integrated with multiple blockchains such as Polygon.In addition, this project is audited, open-source and built with maximum transparency and security in mind; it supports a strong and fault-resistant decentralized infrastructure for staking.

Wrapped liquid staked Ether 2.0 token key metrics & performance data

Wrapped liquid staked Ether 2.0 ($WSTETH) is a Base-based cryptocurrency token with this contract address 0xc1CBa3fCea344f92D9239c08C0568f6F2F0ee452. Wrapped liquid staked Ether 2.0 is dedicated to security and has undergone a full Certora audit. The official launch date of the token was November 07, 2023.

Currently, the Wrapped liquid staked Ether 2.0 price is $5424.839233287343 with a -2.57% increase in the last 24 hours. $WSTETH is held by 112,236 unique holders, with the top 10 collectively owning only 0.89% of the total supply.

On the social front, Wrapped liquid staked Ether 2.0 has 230,354 Twitter followers (up by ↑120 in the past week).

Current site metrics show that Wrapped liquid staked Ether 2.0 is ranked 146th in popularity, and 3071th in GuGu Rank.