The post Will Ethereum(ETH) Price Trade Backwards to Maintain the stETH Peg! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
stETH, the tokenized form of staked ETH and the native token of Lido de-pegged and dropped hard similar to that of UST. Lido is a staking solution for Ethereum backed by several industry-leading staking providers. In the past couple of days, the stETH price has dropped by more than 11% trading at $1504 against the …