Token holders of Curve Finance, the leading stablecoin DEX, voted for Curve’s new stablecoin to onboard Lido’s liquid staking token, stETH. The proposal passed on Saturday with unanimous support and a ...
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After Terra (LUNA) wiped out in excess of $44 billion crypto wealth, its death spiral triggered a tsunami of financial contagion. Near its center is staked Ethereum (stETH), a yield-generating asset ...
Following Terra’s collapse in May, one of the negatively affected ecosystems was Lido’s staked ether (stETH). After yesterday’s successful Merge, stETH is now the closest to the pre-Terra ETH peg.
Staked ether, or stETH, is a token that's meant to be worth the same as ether. For the past few weeks, it has been trading at a widening discount to the second-biggest cryptocurrency. Instability in ...
The crypto community is getting startled by a new token. The controversy lies on the staked ether or stETH, which is worrying the investors. This is similar to the usual ether. However, some people ...
An obscure crypto-market metric known as the "stETH discount" is suddenly sending a distress signal, possibly because of speculation that the troubled lender Celsius Network is preparing to dump some ...