The flipside tables shall be used for this analysis. The Ethereum Beacon Chain withdrawal and deposits tables, ethereum core swap, transactions, hourly prices and fact transactions tables shall be used for this analysis. To get the amount of stETH deposited(staked) and withdrawn(Unstaked). We shall need to understand the mechanisms behind the Unstaking of stETH on Lido. It is important to note that stETH is not only locked on Lido but on other several Defis (e.g AAVE) and Dexes (e.g Curve) accross the Ethereum chain and each has its own method of redumption. Important Contract addresses: - '0xae7ab96520de3a18e5e111b5eaab095312d7fe84' is the contract address for the stETH token - '0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0' is the contract address of the wrapped stETH token. By analyzing the [transactions of the stETH token on Etherscan.io,](https://etherscan.io/token/0xae7ab96520de3a18e5e111b5eaab095312d7fe84) we found the following origin functions for unique methods that are used for staking and unstaking stETH: - 0x69328dec --AAVE withdrawal - 0x8a99b4f2 --deposit to lido - 0x5b36389c --remove liquidity(curve) - 0xacf41e4d -- 'Request Withdrawal(lido)' - 0x441a3e70 -- Zenith - 0x24bc1090 -- Deposit ETH The two methods in red above will be used to filter out staking and unstaking stETH on Lido. It was discovered that to unstake stETH on Lido, an NFT is minted with a value equivalent to the amount to be unstaked and is transferred into the user's address when the request is approved. For the netflow tab, it is very important to note that the Beacon chain data is used as a basis for general analysis since there was no known way to the analysts to accurately get the required data otherwise.

Lido stETH Redemption Analysis