Lido Staked Ethereum (stETH), a token that represents staked Ethereum on defi platform Lido, has depegged sharply in the past 24 hours. stETH is down nearly 4% in the past 24 hours at $1,695.28. It is supposed to trade at a 1:1 ratio to ETH, which is currently at $1,771.43. The token can be redeemed The post This Ethereum 2.0 Token Could Become The Next TerraUSD appeared first on CoinGape.
