Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum

Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum

by Jeremy

Customers wishing to take part in staking with out dropping liquidity have turned to liquid staking options like Lido, which take their ETH, stake it, and provides them a stETH token in return. This token tends to commerce across the value of ETH on the open market; it is going to finally be exchangeable 1:1 for ETH as soon as the community permits stakes to be withdrawn.

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