# Lido Staked Ether (stETH) — machine-readable summary

> FORTUNA SIGNAL · FORA-01 evidence dossier · Researched 2026-09-15 · https://ron-delhaye-studios.github.io/fortuna-signal-live/tokens/steth.html

## Definition
Lido lets users stake any amount of ETH and issues stETH, a liquid token representing a share of pooled staked ETH plus accrued rewards.

## What the holder owns (FORA-01 Q1)
stETH is a rebasing ERC-20 receipt: 1 ETH staked mints 1 stETH, and balances rebase daily via the AccountingOracle to reflect accrued staking rewards.

## Verification verdict
Class C (Class C) — FORA-01 scale: verification, not a quality ranking.
q1 VERIFIED · q2 PARTIALLY VERIFIED · q3 VERIFIED · q4 VERIFIED · q5 UNVERIFIED

## Plain-language utility
Receipt for ETH kept staked — earns staking rewards while staying transferable.

## Key risks & notes
stETH can trade below its reserve value (depeg risk as seen in 2022), slashing and validator penalties reduce rewards and can trigger bunker-mode withdrawal delays, and operator concentration plus DAO governance upgrades create protocol-level risk.

## Primary source
- (no whitepaper found — drawn from official project documentation)

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Machine summary generated at build time from the same fields as the human page. Free educational content — not investment advice.