🌊 Lido Internals

Lido is the largest liquid staking protocol on Ethereum, holding ~30% of all staked ETH. It lets you stake ETH without running a validator — you deposit ETH and receive stETH, a liquid token that accrues staking rewards while remaining transferable and usable in DeFi.

✦ Live

stETH Mechanics

How liquid staking tokens work — rebasing, wrapping, and the stETH:ETH rate

✦ Live

Withdrawal Queue

Request, wait, claim — how Lido processes stETH withdrawals post-Shanghai

Coming soon

Validator Economics

How staking rewards are generated and distributed — consensus + execution layer