| General information | |
|---|---|
| Global rank: | 4948 |
| Name: |
Liquid Staked ETH Index |
| Symbol: | LSETH |
| Current coin price (BSD): | 1 836.67 $ |
| Last hour: | arrow_downward-0.030 % |
| Last 24 hours: | arrow_downward-0.160 % |
| Last 7 days: | 1.85 %trending_up |
| Capitalisation (BSD): | 0.000000 $ |
| Volume 24h (BSD): | 9 597.34 $ |
| Available supply: | 0.000000 LSETH |
| Total coin supply: | -1 LSETH |
| Start date: | 2022-10-04 |
Liquid Staked ETH Index/Bahamian Dollar (LSETH/BSD) price chart
Liquid Staked ETH Index/Bahamian Dollar (LSETH/BSD) capitalisation and volume charts
Liquid Staked ETH (LSETH) is a fungible receipt token, based on the Ethereum ERC-20 cToken model, obtained by depositing ETH into the Liquid Collective protocol. LSETH represents the legal and beneficial ownership of the staked ETH, along with any accrued network rewards, minus protocol service fees and penalties. Liquid staking allows for increased liquidity and capital efficiency compared to traditional staking, making it appealing for institutions and enterprises.
Liquid Staked ETH is part of the Liquid Collective, an enterprise-grade liquid staking standard. The protocol is designed and run by a collective of leading web3 teams and governed in a decentralized manner by a broad and dispersed community of industry participants.
$LSETH, being a liquid staking receipt token, can be transferred, stored, traded, and utilized in DeFi or supported dapps. It offers deep liquidity and aims to be a highly adopted and useful staking receipt token in web3. The Liquid Collective protocol focuses on security, compliance, and industry standardization, with plans to extend multi-chain capabilities in the future.