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Wrapped stETH (wstETH)
Wrapped stETH (wstETH)
An overview of wrapped stETH (wstETH).
6 articles in this collection
Written by
Support
Guide to Providing Liquidity to Arrakis Finance
Provide liquidity to Arrakis Finance wstETH-USDC pool to earn fees.
Written by
Support
Updated over a week ago
What is wrapped stETH (wstETH)?
Lido's wrapped stETH (wstETH) is stETH which is deposited into the stETH wrapper to create a new token called wstETH.
Written by
Support
Updated over a week ago
Why would I wrap my stETH?
Some DeFi protocols do not support rebasing tokens natively. To prevent your stETH from losing value, wrap stETH and receive wstETH.
Written by
Support
Updated over a week ago
How can I wrap/unwrap my stETH?
You can wrap your stETH tokens using stake.lido.fi/wrap. Simply connect your wallet, unlock your stETH tokens and press Wrap.
Written by
Support
Updated over a week ago
Do I need to claim my staking rewards if I wrap stETH to wstETH?
No, you do not need to claim any Ethereum staking rewards with Lido - staking rewards accrue to wstETH automatically.
Written by
Support
Updated over a week ago
Why does the amount of wstETH in my wallet differ from the amount of stETH I wrapped?
Wrapped stETH does not rebase but the stETH in the wrapper contract rebases at 12PM UTC every day.
Written by
Support
Updated over a week ago