Will Lido Staked Ethereum (stETH) Have Similar Fall Like TerraUSD?

Will Lido Staked Ethereum (stETH) Have Similar Fall Like TerraUSD?


coinpedia
2022-06-10 15:56:07

The post Will Lido Staked Ethereum (stETH) Have Similar Fall Like TerraUSD? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideIn the last 24 hours, Lido Staked Ethereum (stETH), a currency that represents staked Ethereum on defi platform Lido, has depegged dramatically. At $1,646, stETH is down roughly 5% in the last 24 hours. It’s expected to exchange 1:1 with Ethereum, which is presently trading at $1,771.43. On Lido, the token can be exchanged into …