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It was introduced in 2020 on the Lido protocol, anticipating Ethereum's shift to proof-of-stake.

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lt midcap fund ✌️【365vc.net】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.StETH holders participate in transaction validation and receive rewards.Staked Ether, or STETH, is a type of cryptocurrency token that represents Ether (ETH) that has been staked in the Ethereum 2.0 Beacon Chain.

It is a part of the Lido decentralized finance (DeFi) project, which enables users to earn rewards from staking without needing to run their own Ethereum 2.0 validator nodes.*The Lido Project*Lido is a decentralized Ethereum 2.0 staking solution.

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