DVstETH is a wrapped Liquid Staking Token powered by the Lido protocol’s wstETH, allowing vault depositors to reuse their staking receipts across the DeFi ecosystem. Distributed Validator Technology (DVT) enables splitting of a validator's private key into multiple key shards, which are distributed among an independent cluster of nodes. This means no single node has access to the entire key, greatly enhancing validator key security.
DVstETH users receive token incentives from the DVT providers whose validators are active in the Lido Protocol via the Simple DVT and Community Staking modules. As more DVT-based validators are activated via Lido, the vault will accrue an increasing amount of incentives.
How to add Decentralized Validator Token (DVSTETH) to MetaMask?
By integrating Decentralized Validator Token (DVSTETH) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import DVSTETH as a token. You can either manually import DVSTETH by copying its contract address (0x5e362eb2c0706bd1d134689ec75176018385430b) or use MetaMask's Chrome extension to add DVSTETH with a single click through P.CASH.
How to add Decentralized Validator Token (DVSTETH) to TrustWallet?
Incorporating Decentralized Validator Token (DVSTETH) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include DVSTETH, you can either manually import it using the contract address (0x5e362eb2c0706bd1d134689ec75176018385430b) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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