LDO tokens may be obtained on most copyright exchanges. On copyright, by way of example, purchasing LDO tokens can be as clear-cut as browsing “LDO” to reveal accessible trading pairs and continuing Along with the LDO invest in as follows:
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I wish to welcome to the @LidoFinance family a whole cohort of @krakenfx customers who moved their ETH into stETH pic.twitter.com/7b3S3jMgyb
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Receive stETH when staking - a tokenised version of your staked ETH - which value updates daily to reflect your acquired staking benefits.
As being the ETH two.0 chain generates staking rewards for your validators, the value of each stETH token retains escalating. This rise in value is eventually dispersed One of the stakers inside the ratio in their holdings.
Lido expanded its liquid staking ecosystem to numerous chains immediately after Ethereum. Here's a complete listing of networks Lido supports:
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Just the worth of every stETH will increase and demonstrates within your Lido account. As lido finance staking the value of stETH keeps growing, it is possible to phrase these as rebasable tokens — as the worth instantly rebases itself per the rewards.
This has actually been best explained by Tarun from Gauntlet in his investigation on aggressive equilibria involving staking and on-chain lending and Haseeb from Dragonfly in his commentary within the paper.
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Lido is actually a staking Resolution for ETH two.0 created to unravel these issues and backed by numerous market-primary staking vendors. It makes staked ETH liquid and permits participation with any number of ETH.