Introduction to Lido

The next sections offer an introduction to the Lido protocol and its core building blocks:

• 📄 What is Lido?
  An overview of the Lido protocol, its purpose, and how it enables liquid staking on Ethereum.

• 🔗 Staking via Lido
  How ETH is pooled, delegated to professional node operators, and how staking rewards are generated and distributed.

• 💰 stETH
  The liquid staking token representing a user’s proportional ownership of staked ETH and accrued rewards.

• 🔄 Wrapped stETH
  A non-rebasing representation of stETH designed for compatibility with DeFi protocols that require fixed token balances.