What is stMATIC?
Written by Mariya Muzyko
Updated over a week ago

stMATIC is an ERC20 token that represents the account’s share of the total supply of MATIC tokens inside Lido-on-Polygon system. It is a non-rebasable token, which means that the amount of tokens in the user’s wallet is not going to change. During the time, the value of this token is changing, since the amount of MATIC tokens inside the protocol is not constant.

Did this answer your question?