Liquid staking token

Related terms

Looping

Looping is the practice of depositing collateral, borrowing against it, converting the borrowed asset back into the collateral asset and redepositing, repeating the cycle to build leveraged exposure to a yield spread.

E-Mode

E-Mode is a lending protocol setting that raises the maximum loan-to-value when a borrower's collateral and debt are closely correlated assets, such as two forms of staked ether, at the cost of concentrating the position in one price relationship.

Depeg

A depeg is a sustained deviation of a stablecoin's market price from its target value, usually triggered by doubt about the reserves behind it or by redemption becoming slow, restricted or impossible.