> For the complete documentation index, see [llms.txt](https://tech.usual.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tech.usual.money/smart-contracts/eth0-collateral/wsteth-by-lido.md).

# wstETH by Lido

## Who is Lido?

Lido is a leading liquid staking protocol built on the Ethereum blockchain, offering a secure and accessible way for users to stake their ETH while maintaining liquidity. As one of the largest staking providers in the Ethereum ecosystem, Lido enables users to earn staking rewards without the technical complexity or minimum requirements of running their own validator.

Find out more about [Lido](https://help.lido.fi/en/articles/5230607-what-is-lido).

## What is wstETH?

`wstETH` (Wrapped Staked ETH) is Lido's wrapped version of `stETH` (Staked ETH), designed to provide enhanced composability and integration capabilities within the DeFi ecosystem. When users stake their ETH through Lido, they receive `stETH`, which represents their staked ETH position. `wstETH` is then created by wrapping `stETH`, making it compatible with ERC-20 standards and easier to integrate with various DeFi protocols. This makes `wstETH` an ideal collateral asset for protocols like `ETH0`, as it combines the security of staked ETH with the flexibility of a wrapped token.

More on [wstETH](https://help.lido.fi/en/articles/5231836-what-is-lido-s-wsteth).