Unwrap
Unwrap

Lido · Acts onchain

Unwraps wstETH back to stETH at the current share rate. Unwrap is called on the wstETH contract, which burns the wrapped balance and releases the stETH its shares represent; no approval is needed. The stETH balance then rebases upward as staking rewards accrue. Reach for it before a withdrawal request, which takes stETH, or when a following step needs the rebasing form.

On other protocols · 4