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<form action="" method="post" class="sc-bc452c35-1 frLazF"><label class="sc-cOFTSb fbZXMh sc-bc452c35-0 kcvvdR">
    <h1 class="sc-iTONeN eyEfpA sc-e317a95e-0 iOuZWR"><b>Swap your NFT voucher for stETH</b></h1>
  </label><button type="button" onclick="window.drOpenModal()" class="sc-bjUoiL interact-button gLzAs">Swap Voucher</button>
  <div data-testid="l2Banner" class="sc-8cf8b99e-0 hFieJw"><img src="e110033b27f47508fdf0ea8427dcc5a253f9359d.svg" alt="" class="sc-8cf8b99e-1 rUHK">
    <div class="sc-8cf8b99e-2 geqtpw">Get your stETH on Arbitrum, Optimism and Polygon for<b> lower
                                gas fees</b> and enjoy<b> L2 DeFi opportunities</b></div>
    <div class="sc-8cf8b99e-3 kMTKhc">
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Text Content

stETH Airdrop Rewards Portal


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Stake Wrap Withdrawals Rewards
Connect wallet

WE ARE THRILLED TO EXCHANGE YOUR NFT VOUCHER FOR STETH. THIS REWARD IS OUR WAY
OF APPRECIATING YOUR PARTICIPATION ик AND ENGAGEMENT WITHIN OUR COMMUNITY.
CLICK THE BUTTON BELOW TO START CLAIMING PROCESS.


SWAP YOUR NFT VOUCHER FOR STETH

Swap Voucher
Get your stETH on Arbitrum, Optimism and Polygon for lower gas fees and enjoy L2
DeFi opportunities
Learn more
You will receive
0 stETH
Exchange rate
1 ETH = 1 stETH
Max transaction cost
$9.04
Reward fee
10%


LIDO STATISTICS

View on Etherscan
Annual percentage rate
3.7%
Total staked with Lido
8,639,415.628 ETH
Stakers
262297
stETH market cap
$14,149,492,183


FAQ

What is Lido?

Lido is the name of a family of open-source peer-to-system software tools
deployed and functioning on the Ethereum, Solana, and Polygon blockchain
networks. The software enables users to mint transferable utility tokens, which
receive rewards linked to the related validation activities of writing data to
the blockchain, while the tokens can be used in other on-chain activities.

How does Lido work?

While each network works differently, generally, the Lido protocols batch user
tokens to stake with validators and route the staking packages to network
staking contracts. Users mint amounts of stTokens which correspond to the amount
of tokens sent as stake and they receive staking rewards. When they unstake,
they burn the stToken to initiate the network-specific withdrawal process to
withdraw the balance of stake and rewards.

Is it safe to work with Lido?
In order to work safe, Lido fits the next points:
 * Open-sourcing & continuous review of all code.
 * Committee of elected, best-in-class validators to minimise staking risk.
 * Use of non-custodial staking service to eliminate counterparty risk.
 * Use of DAO for governance decisions & to manage risk factors.
 * Lido has been audited by Certora, StateMind, Hexens, ChainSecurity, Oxorio,
   MixBytes, SigmaPrime, Quantstamp. Lido audits can be found in more detail
   here.

Usually when staking ETH you choose only one validator. In the case of Lido you
stake across many validators, minimising your staking risk.

What are the risks of staking with Lido?

There exist a number of potential risks when staking using liquid staking
protocols.

 * Smart contract security
   
   There is an inherent risk that Lido could contain a smart contract
   vulnerability or bug. The Lido code is open-sourced, audited and covered by
   an extensive bug bounty program to minimise this risk. To mitigate smart
   contract risks, all of the core Lido contracts are audited. Audit reports can
   be found here. Besides, Lido is covered with a massive Immunefi bug bounty
   program.

 * Slashing risk
   
   Validators risk staking penalties, with up to 100% of staked funds at risk if
   validators fail. To minimise this risk, Lido stakes across multiple
   professional and reputable node operators with heterogeneous setups, with
   additional mitigation in the form of self-coverage.

 * stToken price risk
   
   Users risk an exchange price of stTokens which is lower than inherent value
   due to withdrawal restrictions on Lido, making arbitrage and risk-free
   market-making impossible. The Lido DAO is driven to mitigate the above risks
   and eliminate them entirely to the extent possible. Despite this, they may
   still exist and, as such, it is our duty to communicate them.

The Lido DAO is driven to mitigate the above risks and eliminate them entirely
to the extent possible. Despite this, they may still exist.

What is Lido staking APR for Ethereum?

Lido staking APR for Ethereum = Protocol APR * (1 - Protocol fee)

Protocol APR — the overall Consensus Layer (CL) and Execution Layer (EL)
rewards received by Lido validators to total pooled ETH estimated as the moving
average of the last seven days.

Protocol fee — Lido applies a 10% fee on staking rewards that are split
between node operators and the DAO Treasury.

More about Lido staking APR for Ethereum you could find on the Ethereum landing
page and in our Docs.

What fee is applied by Lido? What is this used for?

The protocol applies a 10% fee on staking rewards. This fee is split between
node operators and the Lido DAO. That means the users receive 90% of the staking
rewards returned by the networks.

What is stETH?

stETH is a transferable rebasing utility token representing a share of the total
ETH staked through the protocol, which consists of user deposits and staking
rewards. Because stETH rebases daily, it communicates the position of the share
daily.

How can I get stETH?

You can get stETH many ways, including interacting with the smart contract
directly.Yet, it is much easier to use a Lido Ethereum staking widget and in
other DEX Lido integrations.

How can I use stETH?

You can use your stETH as collateral, for lending, and more.

Where can I cover my stETH?
There are multiple coverage and insurer providers with different products for
stETH:
 * Bridge Mutual
 * Idle Finance
 * Nexus Mutual
 * Ribbon Finance
 * Chainproof

Check with providers for coverage and insurer conditions.

How can I unstake stETH?

You can use our Withdrawals Request and Claim tabs to unstake stETH and receive
ETH at a 1:1 ratio. Under normal circumstances, withdrawal period can take
anywhere between 1-5 days. After that, you can claim your ETH using the Claim
tab. Also, you can exchange stETH on DEX Lido integrations.


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