stETH is available through native integrations with
leading custody solutions
Available for traditional trading and on asset management
platforms
Traded on DEX, CEX and OTC
Smart contracts risks
Lido was launched in 2020 and since then, it has been
running without major security incidents, while
facilitating ~30% of all ETH staking.
How are slashing risks covered?
One of the only major staking solutions to have been
battle tested with 2 minor slashing events, representing
0.00044% of the TVL that were fully covered for and
resulted in no loss to stETH users
Discretionary slashing provision of 6,341 ETH (link)
Diverse geographical and operational distribution
across Europe, APAC and the Americas, improving
round-the-clock operational robustness
Diverse
distribution of staking clients, mitigating
software failures across LIDO with GETH share ‹50%
Is transaction data available for internal reporting
purposes?
Transaction data, including all staking rewards for any
address, can be downloaded
using CSV
or API to ensure compliant reporting and
accounting.
How can a regulated bank participate in Lido while
remaining compliant with international and local AML and
KYC regulations?
The Lido middleware is open-source software and is not
considered an obligated entity required to conduct
KYC/AML checks. The technical design of this specific
liquid staking solution is purely non-custodial on the
level of node operators and self-managed for users.
KYC/AML checks are conducted by counterparties that
provide services around stETH. Depending on the specific
service, the KYC/AML requirements around stETH might
differ. Financial institutions that offer custody or
brokerage on stETH conduct KYC/AML checks on their
clients and incoming funds.
