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Lido · Reads onchain state
Reads how much stETH one whole wstETH is worth right now. wstETH's stEthPerToken returns the current unwrap rate at 18 decimals, which rises as staking rewards accrue to the underlying stETH. Reach for it to value a wstETH balance in stETH or ETH terms, to size an unwrap that yields a target stETH amount, or to measure yield between runs by comparing against a stored rate.
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