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LsETH represents more than just staked ETH.

Liquid Staked ETH
Liquid Staked ETH
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01 Dec 2023, 12:39
LsETH represents more than just staked ETH. Due to its cToken model, the internal LsETH/ETH conversion rate dynamically incorporates ETH network rewards, and adjusts for fees and penalties. Why is this the case, and how is it beneficial? Dive in: