Lido Staked Ether (STETH) is a cryptocurrency token that represents staked Ether on the Ethereum 2.0 network. Ethereum 2.0 is an upgrade to the existing Ethereum blockchain, aiming to enhance its scalability, security, and energy efficiency. Staking refers to the process of participating in the network by locking up ETH as collateral in order to support operations and validate transactions.
Through Lido Finance, users can stake their ETH without experiencing any downtime and benefit from potential rewards. Lido Staked Ether represents these staked ETH assets and can be traded or transferred like any other cryptocurrency token. It allows users to maintain liquidity while their ETH is staked, providing an opportunity to earn passive income on their holdings.
For those who want to download the Lido-Staked-Ether logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Lido-Staked-Ether logo.