Understanding Non-Rebase LSTs

Non-Rebase Liquid Staking Tokens (LSTs) represent another facet of the Liquid Staking landscape, distinguishing themselves from their Rebase counterparts in terms of token dynamics. Unlike Rebase LSTs, Non-Rebase LSTs do not experience a continual increase in token balances as staking rewards accrue. Examples include Binance's WBETH, Rocket Pool's rETH, and Swell's swETH.