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I am new here I have some questions 1) If

there is depeg Of steth with eth how it will affect me ? Because I have locked eth till phase 1 whose value will remain same
2) once I sell steth for eth what happens to my staked eth ?

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stETH is not hard pegged to ETH, so currently it is not 1:1. It won't affect you if you intend to hold stETH until the next Ethereum upgrade, at which point withdrawals will be enabled on the beacon chain, so you would be able to redeem 1:1. 2) stETH represents your stake, if you sell it you no longer earn staking rewards and you lose your stake.

It won't be with you, you use stETH to redeem ETH. It's like a ticket.

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