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Ep. 486 Safe and Secure Liquid Staking with Lido

CRYPTO 101

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IOU - What's the Risk?

There are some edge case potential attack vectors, which we are aware of, and working on to fix. Every single one of our ST assets is backed one to one with the underlying native token. There is only as much ST ETH as there is ETH in our contracts. It's physically impossible to meant another one without receiving a physical deposit. And it's all on chain.

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