ETH
stETH
wstETH
WBETH
rETH
Rigid Redemption
You will receive 0/0 stETH from Redemption Providers
At some point, you may consider exchanging your eUSD for stETH. The Lybra Protocol's Rigid
Redemption Mechanism ensures a consistent 1:1 exchange rate between eUSD and LST.
Rebase Redemption
You will receive 0/0 stETH from Redemption Providers
Current discount 28%
Users can redeem their eUSD for stETH's rebase rewards in the protocol. The eUSD used for
redemption will be used to trigger an eUSD rebase. The redemption is conducted in a Dutch
Auction, offering a 1% discount every 30 minutes, capped at 47%.