This can get complicated, so I’ll just cover the key points.
What problem does liquid staking actually solve?
From what I can tell, Lido’s stETH balance automatically adjusts each day in line with staking rewards. This mechanism is called a rebase.
Lido, behind $LDO , issued stETH, a liquid staking token.
Have you got that?
#LDO
Let’s just chat. Whether you make a profit or take a loss, you’re responsible for it yourself.
What problem does liquid staking actually solve?
From what I can tell, Lido’s stETH balance automatically adjusts each day in line with staking rewards. This mechanism is called a rebase.
Lido, behind $LDO , issued stETH, a liquid staking token.
Have you got that?
#LDO
Let’s just chat. Whether you make a profit or take a loss, you’re responsible for it yourself.