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What you need to know about staked ether, the token at the center of crypto's liquidity crisis

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cnbc.com

In this article Another controversial cryptocurrency is causing havoc in the digital asset market — and this time, it's not a stablecoin.

Staked ether, or stETH, is a token that's supposed to be worth the same as ether. But for the past few weeks, it has been trading at a widening discount to the second-biggest cryptocurrency, fanning the flames of a liquidity crisis in the crypto market.

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