Why does the amount of stETH in my account keep increasing every day?
The secondary-market price of an LST may not perfectly match the ETH backing it: redeeming through the protocol requires waiting in a queue, and when many people are in a hurry to sell, the price may trade at a discount.
My notes are packed with insights, and my positions are filled with lessons.
It’s best to invest only money you can afford to lose without affecting your life.
$LDO 0.4358(+9.36%)
#LDO
In highly volatile markets, risk management comes first.
The secondary-market price of an LST may not perfectly match the ETH backing it: redeeming through the protocol requires waiting in a queue, and when many people are in a hurry to sell, the price may trade at a discount.
My notes are packed with insights, and my positions are filled with lessons.
It’s best to invest only money you can afford to lose without affecting your life.
$LDO 0.4358(+9.36%)
#LDO
In highly volatile markets, risk management comes first.