mints and burns LDO tokens when necessary

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The staking pool smart contract manages user deposits and withdrawals, determines staking reward fees, delegates funds to node operators, and

With Lido staking , users are rewarded 1:1 with stETH tokens representing the ETH they deposit. Users can use their stETH balance just like regular ETH to earn real-time staking rewards that are updated daily. There is no lock-in or minimum deposit when using Lido.

Lido DAO's liquid staking protocol includes three different processes: staking, minting, and DeFi.

Staking: Users can choose any amount of ETH to phone number list stake, which is then deposited into the platform.

Minting: Lido mines minted or Lido-specific liquid ERC-20 coin (stETH) tokens at a 1:1 ratio in exchange for deposited ETH.

DeFi: Users can use these stETH tokens across the DeFi ecosystem to earn higher returns by eliminating the need to “lock” staked coins.

How to Earn Validator Rewards from Staking Assets?
Validator rewards can be earned through staked PoS tokens on the platform. To stake ETH, become a Validator, and earn rewards by verifying payments on the Ethereum platform, users must stake a minimum of 32 ETH tokens. To bypass this minimum requirement and still earn rewards, Lido allows users to stake a portion of this amount and earn a proportional amount of block rewards.