Liquid Staked ETH (LsETH) is a liquid staking token representing staked ETH plus network rewards, enabling staking participation while retaining liquidity for transfers and DeFi.
Liquid Staked ETH (LsETH) is issued when users stake ETH with the Liquid Collective protocol. It evidences ownership of staked ETH and accrued network rewards, less fees and potential penalties. Its floating Protocol Conversion Rate reflects rewards, penalties, and fees over time. LsETH can be transferred, exchanged, used as collateral, and integrated into DeFi, while also supporting enterprise staking integrations.