stETH (Fuse)

STETH

stETH (Fuse) is the bridged version of stETH on Fuse network. Staked ether (stETH) is a cryptocurrency token that aims to represent an Ethereum token that is "staked" or deposited to support blockchain operations. stETH can get used within liquidity pools for lending, yield faring,, and even alternative use cases such as derivatives. stETH is a transferable rebasing utility token representing a share of the total ETH staked through the protocol, which consists of user deposits and staking rewards. stETH tokens can be used as one would use ether, allowing you to get staking rewards while using them across the DeFi ecosystem to get more rewards.