What happens to your stETH if Lido goes bankrupt?
If Lido were to ever go bankrupt, your stETH would remain in your wallet and you would still have full control of it.
Your stETH is still an ERC20 token, so even if Lido were to go bankrupt, you would still be able to transfer your stETH to any other ERC20 compatible wallet.
Your stETH is also backed by real ETH, so even if Lido were to go bankrupt, you would still be able to redeem your stETH for the same amount of real ETH that you originally staked.
Finally, your stETH is an ERC20 token, so you can always trade it on any DEX or centralized exchange that supports ERC20 tokens.
In short, even if Lido were to go bankrupt, your stETH would remain in your wallet and you would still have full control of it.
