Data from Glassnode shows the demand for Lido Staked Ethereum (stETH) has observed a sharp 142% growth since May 2022.
Demand For stETH Has Far Surpassed That Of Ethereum Since LUNA Collapse
Since the arrival of proof-of-stake (PoS) on the...
Lido, the largest liquid staking protocol, plans to bring its stETH token to Ethereum’s layer 2 (L2) networks.
“For Ethereum stakers, this means staking with lower fees and access to a new suite of DeFi applications to amplify yields,”...
UST’s collapse continues to reverberate around crypto markets. Curve’s largest pool is out of whack — the stETH pool, which pairs ETH with stETH, a staking derivative of ETH, shows stETH trading at a 2% discount to ETH. The imbalance...
