From 5e39dc69dfcd164db3ec8903ebb8197c8aed88d0 Mon Sep 17 00:00:00 2001 From: Mariya Muzyko <108927398+mariyamuziko@users.noreply.github.com> Date: Mon, 18 Sep 2023 15:13:01 +0300 Subject: [PATCH] =?UTF-8?q?Update=20Lido=20landing=20=E2=80=9Cfaq=E2=80=9D?= MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit --- lido-landing/faq.md | 10 ++++++---- 1 file changed, 6 insertions(+), 4 deletions(-) diff --git a/lido-landing/faq.md b/lido-landing/faq.md index dde127f..987a071 100644 --- a/lido-landing/faq.md +++ b/lido-landing/faq.md @@ -81,10 +81,12 @@ categories: using the Claim tab. Also, you can exchange stETH on [DEX Lido integrations](https://lido.fi/lido-ecosystem?tokens=stETH&categories=Get). - question: What is wstETH? - answer: wstETH (wrapped stETH) is a non-rebasing version of stETH. Unlike the - stETH balance, which updates every day and communicates your share of - rewards, the wstETH balance stays the same while the stETH balance - updates inside the wrapper daily. + answer: wstETH (wrapped stETH) is a non-rebasing version of stETH, wstETH's + price denominated in stETH changes instead. The wstETH balance can + only be changed upon transfers, minting, and burning. At any given + time, anyone holding wstETH can convert any amount of it to stETH at a + fixed rate, and vice versa. Normally, the rate gets updated once a + day, when stETH undergoes a rebase. - question: How can I get wstETH? answer: You can wrap your stETH or ETH tokens using [Wrap & Unwrap staking widget](https://stake.lido.fi/wrap) or [DEX Lido