LIDO POOL

Upon the user's deposit Lido issues stETH, which represents the deposited tokens along with all the rewards & penalties accrued through the deposit's staking. This stETH is liquid, it can be freely transferred between parties, making it usable across different DeFi applications while still receiving daily staked rewards.

Lido's ERC-20 compatible stTokens are widely adopted across the Ethereum ecosystem:

• stETH/ETH liquidity pool on Curve

• wstETH/ETH Composable stable pool on Balancer v2

• wstETH/ETH pool on Uniswap V3

• wstETH is listed as a collateral token on the following AAVE v3

• stETH is listed as a collateral token on the AAVE v2 Ethereum mainnet market and more.