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.

Key metrics & performance data

($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 $3803.61 with a 0.50% increase in the last 24 hours. The token has a 24-hour trading volume of $299 906.82 and a total market capitalization of $181 313 626. ($WSTETH) is held in 455,924 wallet addresses with the top 10 addresses holding 0.89% of the entire supply.

On socials, this project is active, 10,640 members on Telegram (down by ↓19 from last week).

Current site metrics show that $WSTETH is ranked 75th in popularity, and 3226th in GuGu Rank.