Before tracking the funds, understand the rules. Today, let’s talk about liquid staking.
After Ethereum’s Shanghai upgrade (Shapella) in April 2023, staked ETH on Ethereum could be withdrawn.
Some DeFi protocols aren’t compatible with tokens whose balances change automatically, so wrapped tokens like wstETH are generally used instead.
Lido, behind $LDO , launched stETH, a liquid staking token.
After Ethereum’s Shanghai upgrade (Shapella) in April 2023, staked ETH on Ethereum could be withdrawn.
Some DeFi protocols aren’t compatible with tokens whose balances change automatically, so wrapped tokens like wstETH are generally used instead.
Lido, behind $LDO , launched stETH, a liquid staking token.