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Eleven-Eleven

Gm. stupid question, sorry: is it possible that someone else

redeems my ETH and rewards at some point, or are they always reserved for me to come and redeem at any time in the future?

#cryptocurrency #english #lido
0

5 ответов

14 просмотров
cryptodenier (will NOT dm first)-

As long as you own the stETH, you earn the rewards since stETH rebases to reflect the rewards, you already are earning them you don't manually claim them, there's no redemption.

0
28.05.2023
Eleven-Eleven Автор вопроса
cryptodenier (will NOT dm first)
As long as you own the stETH, you earn the rewards...

oh OK. so as more rewards are accrued, more stETH gets burned? or more stETH gets minted and you receive your proportional amount of stETH?

0
28.05.2023
cryptodenier (will NOT dm first)-
Eleven Eleven
oh OK. so as more rewards are accrued, more stETH ...

You receive more stETH, it's a rebase. https://docs.lido.fi/contracts/lido#rebasing

0
28.05.2023
Eleven-Eleven Автор вопроса
cryptodenier (will NOT dm first)
You receive more stETH, it's a rebase. https://doc...

thanks. Is stETH available on Arbtirum or only WstETH?

0
03.06.2023

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