Deposit and Mint

  • You can deposit any amount of stETH (ETH will be automatically converted to stETH) at any time into your vault.

  • You can mint LETH from your vault’s available stETH deposit at any time.

  • Mint ratio (similar to LTV) is measured by the amount of the vault’s LETH minted divided by its stETH deposits. Mint ratio can never be greater than 1.

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