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  3. /Lido
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defi

Lido

The largest liquid staking protocol, mainly used for Ethereum staking.

Definition

The largest liquid staking protocol, mainly used for Ethereum staking. You deposit ETH and get stETH back, which you can use in DeFi while your ETH earns staking rewards. Lido controls a significant share of all staked ETH, which has raised decentralization concerns.

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Learn More About Lido

BlogLiquid Staking Protocols Now Hold More ETH Than the Beacon Chain Deposit Contract

Related Terms

Liquid Staking

Staking your crypto while still being able to use it in DeFi through a receipt token.

Staking

Locking up tokens to help secure a proof-of-stake network and earn rewards.

Ethereum

A blockchain platform that enabled smart contracts and decentralized applications.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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