Lido is an ETH 2.0 liquidity betting solution, backed by industry-leading betting providers. Lido allows users to stake their ETH while participating in on-chain activities such as borrowing and lending — without locking assets and maintaining infrastructure. Its goal is to solve problems associated with initial ETH 2.0 staking, such as: illiquidity, immobility, and accessibility. Lido makes staked ETH liquid and allows participation with any amount of ETH to increase the security of the Ethereum network. The stETH token is an Ethereum collateralized token on Lido, the building block of Ethereum applications and protocols.