The LSETH index token provides an equal-weighted basket of the leading liquid Ether staking rewards tokens. Benefits of LSETH’s index diversification include reduced volatility and risk, as well as automated token updates with no gas costs. The LSETH index composition will be updated and rebalanced automatically through decentralized, on-chain governance.
For users interested in diversified ETH yield, LSETH provides a simple, one-click solution with zero fees. Benefits of LSETH’s index diversification include:
- Reduced volatility
- Risk mitigation
- Reduced exposure to token premiums
- Automated token updates with no gas costs
- Minimal slippage (ie, asset decay) from equal weighting
- Zero fees
LSETH contains an equal-weighted basket of the leading liquid staked ETH tokens:
- Lido Staked ETH (wstETH)
- Rocket Pool ETH (rETH)
- Staked Frax ETH (sfrxETH)
- Coinbase Wrapped Staked ETH (cbETH)
- Ankr Staked ETH (ankrETH)
Additionally, as more liquid staking solutions come to market, the LSETH index will be automatically updated through decentralized, on-chain governance. In particular we look forward to the launch of osETH from StakeWise and ETHx from Stader Labs.
