# 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.

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