🗂️ DeFi｜Liquid Staking
· Definition: Lido’s stETH balance automatically adjusts each day to reflect staking rewards. This mechanism is called a rebase.
· How to understand it: The risks of liquid staking are cumulative: smart contract vulnerabilities, slashing of node operators, and discounts on the secondary market. Using it as collateral for leverage also introduces liquidation risk.
· Practical tip: If you need funds urgently, redeeming through the protocol often involves a wait. Selling on the secondary market may mean accepting a discount, so plan your finances ahead of time.
$LDO 0.3772（+2.06%）
#LDO
· Definition: Lido’s stETH balance automatically adjusts each day to reflect staking rewards. This mechanism is called a rebase.
· How to understand it: The risks of liquid staking are cumulative: smart contract vulnerabilities, slashing of node operators, and discounts on the secondary market. Using it as collateral for leverage also introduces liquidation risk.
· Practical tip: If you need funds urgently, redeeming through the protocol often involves a wait. Selling on the secondary market may mean accepting a discount, so plan your finances ahead of time.
$LDO 0.3772（+2.06%）
#LDO
