# Mechanic difference between STETH and WSTETH

**URL:** <https://research.lido.fi/t/mechanic-difference-between-steth-and-wsteth/3095>\
**Category:** Start Here\
**Created:** [October 22, 2022, 4:27pm UTC](https://research.lido.fi/t/mechanic-difference-between-steth-and-wsteth/3095 "2022-10-22T16:27:25Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![mattt](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/mattt/32/1911_2.png) [@mattt](https://research.lido.fi/u/mattt)\
**Post date:** [October 22, 2022, 4:27pm UTC](https://research.lido.fi/t/mechanic-difference-between-steth-and-wsteth/3095/1 "2022-10-22T16:27:25Z")

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The exchange rate when wrapping is nearly 10% now. Is there a reference somewhere I can see that explains clearly why/ how the rate is different and therefore what we can expect in the future?

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**Author:** ![satBalwyn](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/satbalwyn/32/1673_2.png) [@satBalwyn](https://research.lido.fi/u/satBalwyn)\
**Post date:** [October 23, 2022, 11:50am UTC](https://research.lido.fi/t/mechanic-difference-between-steth-and-wsteth/3095/2 "2022-10-23T11:50:01Z")

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> **[stETH/wstETH integration guide | Lido Docs](https://docs.lido.fi/guides/steth-integration-guide/)**
>
> This document is intended for developers looking to integrate Lido's stETH or wstETH as an asset into their dApp, with a focus on money markets, DEXes and blockchain bridges.

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**Author:** ![mattt](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/mattt/32/1911_2.png) [@mattt](https://research.lido.fi/u/mattt)\
**Post date:** [October 24, 2022, 3:56pm UTC](https://research.lido.fi/t/mechanic-difference-between-steth-and-wsteth/3095/3 "2022-10-24T15:56:35Z")

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Super helpful, thanks. IMO it would be helpful to include that or a similar guide on the [Wrap | Lido](https://stake.lido.fi/wrap) page in the FAQ. It will help people not freak out when they see 10% less (and increasing) after conversion.
