LIDO: Gain or Lose

    Lido is one of the ETH stakes generating profits. In addition, users can participate by providing the liquidity pool of ETH-stETH and gain the yield benefits from the people who want to either trade ETH to stETH or vice versa. In theory, the price between ETH and stETH should be pegged at the ratio of 1:1. However, the price between these two tokens is slightly different in practice which enables some users to gain profits by doing the trade. In this report, the analysis of visualization in a certain period of time will help you understand the swapping trend between ETH-stETH and the other way around.