Why stETH?

Ethenix is built specifically around stETH (Lido Staked ETH) as the core asset for our no-loss lottery protocol.

Why Ethenix Uses stETH

  • Market leadership - Over $35 billion TVL, the dominant liquid staking token

  • Transparent rebasing - Daily balance increases make yield generation visible to users

  • Perfect mechanics - Rebase model aligns ideally with prize pool accumulation

  • Proven reliability - Battle-tested infrastructure with widespread DeFi integration

stETH's daily rebase mechanism provides the transparent yield capture that makes Ethenix's prize distribution system both fair and engaging for users.

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