Ethereum 2.0 staking solution testnet Lido will be launched. It makes staked ETH liquid and allows participation with any amount of ETH. When using Lido to stake ETH on the Ethereum beacon chain, users will receive a token (bETH), which represents their ETH on the Ethereum beacon chain on a 1:1 basis. It effectively acts as a bridge bringing ETH 2.0’s staking rewards to ETH 1.0. As a user’s staked ETH generates staking rewards from ETH 2.0, the user’s ETH balance on the beacon chain will increase.