Ether (ETH)<\/a> on a 1:1 ratio.<\/strong> It’s one of the native tokens of the decentralized finance platform - Lido. The latter serves as a liquid staking protocol. It’s important to note that Lido provides <strong>the first-ever liquid staking protocol based on ETH.<\/strong><\/p>\r\n<p>When users stake their ETH on Lido, they receive stETH in return. The staking process is powered by the <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-beacon-chain/">Ethereum Beacon chain<\/a>.<\/strong> Lido charges a 10% staking fee.<\/p>\r\n<p>It's important to note that there is no guarantee the stETH price will be higher than its inherent value.<\/p>\r\n<p>Once Ethereum 2.0 is fully launched, Lido stETH tokens will be able to be redeemed for ETH and burned. Additionally, holders can technically unstake their stETH tokens by simply selling them.<\/p>\r\n<p>In order to make an informed decision, check out our graph above where you can find the Lido stETH price history and the current stETH price.<\/p>\r\n<h2>What is Lido DAO?<\/h2>\r\n<p>In essence, Lido is a <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-are-decentralized-autonomous-organizations-dao/">decentralized anonymous organization<\/strong><\/a> that enables an efficient method of staking ETH. It’s a non-custodial staking solution.<\/p>\r\n<h2>What are the Main Features of Lido stETH?<\/h2>\r\n<ul>\r\n<li>stETH has all of the capabilities of ETH. This means it can be seamlessly bought and sold;<\/li>\r\n<li>stETH has the capability to turn ETH liquid;<\/li>\r\n<li>Its balance is updated every 24 hours.<\/li>\r\n<\/ul>\r\n<h2>When was Lido stETH launched?<\/h2>\r\n<p>Lido was founded in December 2020.<\/p>","link":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/steth-steth-price","crypto_currency_info":{"id":773,"crypto_currency_id":842,"description":"Lido stETH (STETH) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Lido stETH has a current supply of 2,014,166.59874559. The last known price of Lido stETH is 3,152.75979039 USD and is up 3.46 over the last 24 hours. It is currently trading on 14 active market(s) with $666,843.24 traded over the last 24 hours. More information can be found at https:\/\/lido.fi\/.","tags":"[\"eth-2-staking\"]","platform":"{\"id\":1027,\"name\":\"Ethereum\",\"symbol\":\"ETH\",\"slug\":\"ethereum\",\"token_address\":\"0xae7ab96520de3a18e5e111b5eaab095312d7fe84\"}","category":"token","cmc_logo":"https:\/\/s2.coinmarketcap.com\/static\/img\/coins\/64x64\/8085.png","original_links":"{\"website\":[\"https:\\\/\\\/lido.fi\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/lidofinance\"],\"message_board\":[\"https:\\\/\\\/blog.lido.fi\\\/\"],\"chat\":[\"https:\\\/\\\/discord.gg\\\/vgdPfhZ\",\"https:\\\/\\\/t.me\\\/lidofinance\"],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/etherscan.io\\\/token\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"https:\\\/\\\/ethplorer.io\\\/address\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"https:\\\/\\\/solscan.io\\\/token\\\/H2mf9QNdU2Niq6QR7367Ua2trBsvscLyX5bz7R3Pw5sE\",\"https:\\\/\\\/finder.terra.money\\\/mainnet\\\/address\\\/terra1w7ywr6waxtjuvn5svk5wqydqpjj0q9ps7qct4d\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/lidofinance\"],\"technical_doc\":[\"https:\\\/\\\/lido.fi\\\/static\\\/Lido:Ethereum-Liquid-Staking.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/lidofinance\"],\"announcement\":[]}","links":"{\"website\":{\"lido.fi\":\"https:\\\/\\\/lido.fi\\\/\"},\"community\":{\"twitter.com\":\"https:\\\/\\\/twitter.com\\\/lidofinance\",\"blog.lido.fi\":\"https:\\\/\\\/blog.lido.fi\\\/\",\"reddit.com\":\"https:\\\/\\\/reddit.com\\\/r\\\/lidofinance\",\"discord.com\":\"https:\\\/\\\/discord.gg\\\/vgdPfhZ\",\"telegram.org\":\"https:\\\/\\\/t.me\\\/lidofinance\"},\"explorer\":{\"etherscan.io\":\"https:\\\/\\\/etherscan.io\\\/token\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"ethplorer.io\":\"https:\\\/\\\/ethplorer.io\\\/address\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"solscan.io\":\"https:\\\/\\\/solscan.io\\\/token\\\/H2mf9QNdU2Niq6QR7367Ua2trBsvscLyX5bz7R3Pw5sE\",\"finder.terra.money\":\"https:\\\/\\\/finder.terra.money\\\/mainnet\\\/address\\\/terra1w7ywr6waxtjuvn5svk5wqydqpjj0q9ps7qct4d\"},\"technical_doc\":\"https:\\\/\\\/lido.fi\\\/static\\\/Lido:Ethereum-Liquid-Staking.pdf\",\"source_code\":\"https:\\\/\\\/github.com\\\/lidofinance\"}","data":"{\"id\":8085,\"name\":\"Lido stETH\",\"symbol\":\"STETH\",\"category\":\"token\",\"description\":\"Lido stETH (STETH) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Lido stETH has a current supply of 2,014,166.59874559. The last known price of Lido stETH is 3,152.75979039 USD and is up 3.46 over the last 24 hours. It is currently trading on 14 active market(s) with $666,843.24 traded over the last 24 hours. More information can be found at https:\\\/\\\/lido.fi\\\/.\",\"slug\":\"steth\",\"logo\":\"https:\\\/\\\/s2.coinmarketcap.com\\\/static\\\/img\\\/coins\\\/64x64\\\/8085.png\",\"subreddit\":\"lidofinance\",\"notice\":\"\",\"tags\":[\"eth-2-staking\"],\"tag-names\":[\"ETH 2.0 Staking\"],\"tag-groups\":[\"PLATFORM\"],\"urls\":{\"website\":[\"https:\\\/\\\/lido.fi\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/lidofinance\"],\"message_board\":[\"https:\\\/\\\/blog.lido.fi\\\/\"],\"chat\":[\"https:\\\/\\\/discord.gg\\\/vgdPfhZ\",\"https:\\\/\\\/t.me\\\/lidofinance\"],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/etherscan.io\\\/token\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"https:\\\/\\\/ethplorer.io\\\/address\\\/0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"https:\\\/\\\/solscan.io\\\/token\\\/H2mf9QNdU2Niq6QR7367Ua2trBsvscLyX5bz7R3Pw5sE\",\"https:\\\/\\\/finder.terra.money\\\/mainnet\\\/address\\\/terra1w7ywr6waxtjuvn5svk5wqydqpjj0q9ps7qct4d\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/lidofinance\"],\"technical_doc\":[\"https:\\\/\\\/lido.fi\\\/static\\\/Lido:Ethereum-Liquid-Staking.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/lidofinance\"],\"announcement\":[]},\"platform\":{\"id\":1027,\"name\":\"Ethereum\",\"symbol\":\"ETH\",\"slug\":\"ethereum\",\"token_address\":\"0xae7ab96520de3a18e5e111b5eaab095312d7fe84\"},\"date_added\":\"2020-12-23T00:00:00.000Z\",\"twitter_username\":\"lidofinance\",\"is_hidden\":0,\"date_launched\":\"2020-12-18T00:00:00.000Z\",\"contract_address\":[{\"contract_address\":\"0xae7ab96520de3a18e5e111b5eaab095312d7fe84\",\"platform\":{\"name\":\"Ethereum\",\"coin\":{\"id\":\"1027\",\"name\":\"Ethereum\",\"symbol\":\"ETH\",\"slug\":\"ethereum\"}}},{\"contract_address\":\"H2mf9QNdU2Niq6QR7367Ua2trBsvscLyX5bz7R3Pw5sE\",\"platform\":{\"name\":\"Solana\",\"coin\":{\"id\":\"5426\",\"name\":\"Solana\",\"symbol\":\"SOL\",\"slug\":\"solana\"}}},{\"contract_address\":\"terra1w7ywr6waxtjuvn5svk5wqydqpjj0q9ps7qct4d\",\"platform\":{\"name\":\"Terra\",\"coin\":{\"id\":\"4172\",\"name\":\"Terra\",\"symbol\":\"LUNA\",\"slug\":\"terra-luna\"}}}],\"self_reported_circulating_supply\":2794128.16992612,\"self_reported_tags\":[\"DeFi\"],\"self_reported_market_cap\":8797552840.845556}","launched_at":"2020-12-18 02:00:00","created_at":"2022-03-25T14:20:24.000000Z","updated_at":"2023-05-18T14:34:13.000000Z"},"crypto_currency_social":{"id":824,"crypto_currency_id":842,"twitter":"{\"name\":\"Lido\",\"username\":\"@lidofinance\",\"follower_count\":140619,\"following_count\":480,\"tweet_count\":3910,\"created_at\":\"2020-10-01 00:00:00\"}","reddit":"{\"subscribers\":4652,\"description\":\"Lido is a liquid staking solution for Ethereum. Lido lets users earn staking rewards without maintaining staking infrastructure, using a selection of carefully vetted validators.\\n\\n\\nStake with Lido: [stake.lido.fi](https:\\\/\\\/stake.lido.fi).\",\"created_at\":\"2020-11-20 00:00:00\",\"subreddit_type\":\"public\",\"subreddit_name\":\"r\\\/lidofinance\",\"moderators\":4,\"hot\":[{\"title\":\"Welcome to \\\/r\\\/LidoFinance - General, FAQ & More\",\"author\":\"kethfinex\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/k236ec\\\/welcome_to_rlidofinance_general_faq_more\\\/\",\"created_at\":\"2020-11-27 15:30:01\",\"icons\":[]},{\"title\":\"An update on Lido\\u2019s L2 plans \\ud83c\\udfdd\\ufe0f\",\"author\":\"kethfinex\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/wpr21t\\\/an_update_on_lidos_l2_plans\\\/\",\"created_at\":\"2022-08-16 10:47:00\",\"icons\":[]},{\"title\":\"Lido Dao (LDO) price increased by 30.96%\",\"author\":\"MikeyX1234141\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13nk7v5\\\/lido_dao_ldo_price_increased_by_3096\\\/\",\"created_at\":\"2023-05-21 05:42:20\",\"icons\":[]},{\"title\":\"Most efficient way of taking out bi-weekly rewards from lido via metamask\",\"author\":\"Funny_Independent335\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13nnzrw\\\/most_efficient_way_of_taking_out_biweekly_rewards\\\/\",\"created_at\":\"2023-05-21 09:08:24\",\"icons\":[]},{\"title\":\"What is the Noox: Lido Airdrop Recipient NFT?\",\"author\":\"Clear_Item_922\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13n8nhd\\\/what_is_the_noox_lido_airdrop_recipient_nft\\\/\",\"created_at\":\"2023-05-20 20:53:02\",\"icons\":[]},{\"title\":\"About 1.95 Million LDO Accumulated By 3 Whales In The Last Week\",\"author\":\"PilarMetzler\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13m34p6\\\/about_195_million_ldo_accumulated_by_3_whales_in\\\/\",\"created_at\":\"2023-05-19 18:08:07\",\"icons\":[]},{\"title\":\"Currency Discussion\",\"author\":\"Icy-Explanation-7248\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13m296d\\\/currency_discussion\\\/\",\"created_at\":\"2023-05-19 17:35:55\",\"icons\":[]},{\"title\":\"Lido Surges Ahead With Ethereum Upgrade: Revolutionizing Liquid Staking\",\"author\":\"PilarMetzler\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13lp735\\\/lido_surges_ahead_with_ethereum_upgrade\\\/\",\"created_at\":\"2023-05-19 08:22:07\",\"icons\":[]},{\"title\":\"Why is stETH Withdrawal Not Available on Lidofinance?\",\"author\":\"Gullible-Bag7263\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13lqg47\\\/why_is_steth_withdrawal_not_available_on\\\/\",\"created_at\":\"2023-05-19 09:29:44\",\"icons\":[]},{\"title\":\"Lido Finance Unlocks Over $10B ETH Withdrawals in Latest Upgrade, Boosting Decentralization Efforts\",\"author\":\"azcoinnews\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13kpopj\\\/lido_finance_unlocks_over_10b_eth_withdrawals_in\\\/\",\"created_at\":\"2023-05-18 05:38:26\",\"icons\":[]},{\"title\":\"How to swap stETH back to ETH?\",\"author\":\"soflbum\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13k0r3i\\\/how_to_swap_steth_back_to_eth\\\/\",\"created_at\":\"2023-05-17 12:46:16\",\"icons\":[]},{\"title\":\"Lido V2 Decision Is Here!\",\"author\":\"AcrobaticBird72\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13k6bl6\\\/lido_v2_decision_is_here\\\/\",\"created_at\":\"2023-05-17 16:16:14\",\"icons\":[]},{\"title\":\"Can I but my stETH into a liquidity pool while staking?\",\"author\":\"ppc0r\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13k1jov\\\/can_i_but_my_steth_into_a_liquidity_pool_while\\\/\",\"created_at\":\"2023-05-17 13:19:10\",\"icons\":[]},{\"title\":\"Lido DAO Rallies 8% as V2 Version Goes Live\",\"author\":\"bitfinsider_reporter\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13jt4k2\\\/lido_dao_rallies_8_as_v2_version_goes_live\\\/\",\"created_at\":\"2023-05-17 06:02:22\",\"icons\":[]},{\"title\":\"Liquid Staking Platform Lido Enables Staked ETH Withdrawals\",\"author\":\"Sybil_White\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13je39j\\\/liquid_staking_platform_lido_enables_staked_eth\\\/\",\"created_at\":\"2023-05-16 19:05:25\",\"icons\":[]},{\"title\":\"Celsius Transfers $781M in stETH as Lido Enables Withdrawals\",\"author\":\"Neelesh15\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13jcjq5\\\/celsius_transfers_781m_in_steth_as_lido_enables\\\/\",\"created_at\":\"2023-05-16 18:06:56\",\"icons\":[]},{\"title\":\"Lido started unlocking 6.2M ETH on the platform after the proposal for the V2 upgrade was passed\",\"author\":\"Ok_Schedule_9476\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13iwvgs\\\/lido_started_unlocking_62m_eth_on_the_platform\\\/\",\"created_at\":\"2023-05-16 06:14:56\",\"icons\":[]},{\"title\":\"LDO increased 12% as soon as Lido allowed withdrawal of staked ETH\",\"author\":\"cactus_jackk1908\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13ixhkj\\\/ldo_increased_12_as_soon_as_lido_allowed\\\/\",\"created_at\":\"2023-05-16 06:50:33\",\"icons\":[]},{\"title\":\"staking how safe\",\"author\":\"anxietyokra\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13iv6i6\\\/staking_how_safe\\\/\",\"created_at\":\"2023-05-16 04:42:45\",\"icons\":[]},{\"title\":\"Lido weekly news out now (08.05 - 14.05)\",\"author\":\"irina_everstake\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13id3gh\\\/lido_weekly_news_out_now_0805_1405\\\/\",\"created_at\":\"2023-05-15 16:38:10\",\"icons\":[]},{\"title\":\"Is idle.finance APY yield in addition to the stETH staking yield?\",\"author\":\"Cthulhus_cuck\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13iqrvo\\\/is_idlefinance_apy_yield_in_addition_to_the_steth\\\/\",\"created_at\":\"2023-05-16 01:16:06\",\"icons\":[]},{\"title\":\"Lido V2 Goes Live: Ethereum Withdrawals Revolutionize the Staking Experience\",\"author\":\"azcoinnews\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13iq7xl\\\/lido_v2_goes_live_ethereum_withdrawals\\\/\",\"created_at\":\"2023-05-16 00:50:49\",\"icons\":[]},{\"title\":\"Lido V2: Unlocking Direct In-Protocol stETH:ETH Withdrawals\",\"author\":\"AcrobaticBird72\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13id0hi\\\/lido_v2_unlocking_direct_inprotocol_stetheth\\\/\",\"created_at\":\"2023-05-15 16:33:22\",\"icons\":[]},{\"title\":\"When can I redeem my stETH for ETH?\",\"author\":\"takeschlarge\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13fq9wf\\\/when_can_i_redeem_my_steth_for_eth\\\/\",\"created_at\":\"2023-05-12 16:43:02\",\"icons\":[]},{\"title\":\"new to liquid staking\",\"author\":\"oo8buu813\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13e9t44\\\/new_to_liquid_staking\\\/\",\"created_at\":\"2023-05-11 01:47:41\",\"icons\":[]},{\"title\":\"How Safe to stake Eth in lido with Ledger??\",\"author\":\"Various_Tax7285\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/LidoFinance\\\/comments\\\/13d531l\\\/how_safe_to_stake_eth_in_lido_with_ledger\\\/\",\"created_at\":\"2023-05-09 20:31:28\",\"icons\":[]}]}","github":"{\"public_repos\":162,\"bio\":\"liquid staking \\ud83c\\udfd6\\ufe0f\",\"type\":\"Organization\",\"username\":\"lidofinance\",\"user_link\":\"https:\\\/\\\/github.com\\\/lidofinance\",\"created_at\":\"2020-07-16 00:00:00\"}","telegram":"{\"title\":\"Lido\",\"description\":\"The official Lido Telegram.\\nLido is a multichain liquid staking solution for Ethereum, Polkadot, Polygon, Solana and Kusama. \\nwww.lido.fi\",\"chat_id\":\"@lidofinance\",\"member_count\":12461}","domain":"{\"domain_rating\":74,\"ahrefs_top\":49739,\"traffic\":19450.791401868453,\"website\":\"https:\\\/\\\/lido.fi\"}"},"buy_page":null,"halving_page":null}"
:fiat-currency="{"name":"United States Dollar","logo":"\/crypto-prices\/fiat-logos\/USD.svg","symbol":"USD","sign":"$","price":1}"
>