StETH is a token that represents 1 to 1 ETH staked in the beacon chain, it’s the most used liquid staking derivative in the market. Made by Lido it helps users stake their ETH while leaving the hard part for Lido node operators and retaining liquidity.

StETH is a tradable token that can be integrated with DeFi enabling users to do much more on their stake. AAVE, one of the prime lending protocols, integrated StETH as collateral and one powerful strategy that we are now offering on Earn has appeared: multiplying the StETH yield.