Lido stETH Redemption Analysis
Lido is a liquid staking solution for ETH 2.0 that allows users to stake any amount of ETH without needing complex infrastructure, while preserving the liquidity of their ETH through the stETH token. This lets users participate in on-chain activities of their choice, such as lending and farming. When users stake with Lido, they receive stETH tokens representing their staked ETH, which can be used like regular ETH to earn lending rewards. Lido aims to solve problems associated with ETH 2.0 staking, such as illiquidity, immovability, and accessibility.