Token FAQ

What distinguishes stETH from ETH in the cryptocurrency ecosystem? While ETH represents the native currency of the Ethereum blockchain, stETH is a tokenized version of ETH that reflects staked Ether in the Ethereum 2.0 network. Understanding their differences is crucial for navigating staking and liquidity options within decentralized finance (DeFi).

What distinguishes stETH from ETH in the cryptocurrency ecosystem? While ETH represents the native currency of the Ethereum blockchain, stETH is a tokenized version of ETH that reflects staked Ether in the Ethereum 2.0 network. Understanding their differences is crucial for navigating <a data-auto-add="True" href="/feed/faq/15510461/" rel="noopener noreferrer" target="">staking</a> and liquidity options within <a data-auto-add="True" href="/feed/faq/categories/Decentralized%20Finance%20Defi" rel="noopener noreferrer" target="">decentralized finance</a> (DeFi).

What is the difference between stETH and ETH?

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What is the difference between stETH and ETH?

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