Try Quests to earn cryptoLIDO Peg Risk Indicator
LIDO issues stETH in exchange for users depositing their ETH to stake with the protocol at a 1:1 exchange rate. After v2 is released in mid-May, users will also be able to redeem their stETH 1:1. The quantity of stETH grows as a function of staking rewards and slashing penalties. It can be used in DeFi as collateral for loans or to provide liquidity in DEX pools. Accordingly, it is important that it maintains its 1:1 peg to ETH. If the peg is lost, loans could be liquidated and DEX pool liquidity will become imbalanced.