Estimated 6-12 months.
it is in the contract with lido that they will give 1:1 after this Ethereum upgrade ?
It’ll be 1:1 since ETH can actually be unstaked at that point.
I meant how lido ensures on this will be 1:1?
Because actual unstaking will be enabled at that point. The reason stETH is not 1:1 to ETH right now is because there’s no unstaking yet, so it relies on the liquidity of the stETH-ETH pool, which is imbalanced, which makes one stETH less than one ETH.
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