wstETH is Lido’s non-rebasing liquid staking token for ETH. Holders earn Ethereum staking rewards via an increasing exchange rate, keeping their staked ETH liquid and composable across DeFi.
This is a leveraged long on wstETH: you supply wstETH as collateral, borrow RLUSD against it on Morpho, and loop to increase exposure to ETH. Every cost and liquidation threshold is shown upfront before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.