Hello, blockchain enthusiasts! 🌐 Lido has announced that their stETH is now available on the OP Mainnet! This means that users can earn daily staking rewards and enjoy an improved multi-chain experience.
The OP Mainnet is an EVM-compatible layer-2 network that provides fast transaction speeds and low fees. Users can now effectively use stETH in various DeFi integrations.
This integration opens up a lot of new possibilities, such as processing staking requests and withdrawals with stETH rebases. It is also possible to pay gas in stETH and make cross-domain deposits and withdrawals.
Users can continue to earn ETH staking rewards without deploying their wstETH to stETH. Lido plans to deploy stETH to other layer-2 networks, which will further increase its usefulness.
🚀 Stay tuned and informed!