Lido is the largest liquid staking protocol with over $20 billion staked. Stake any amount of ETH and receive stETH, a liquid token that earns staking rewards.
Why Choose Lido?
Advantages:
- No minimum stake (vs 32 ETH for solo)
- Instant liquidity via stETH
- 3-4% APY from staking rewards
- Use stETH throughout DeFi
Lido Statistics
| Metric | Value |
|---|
| . . . . | . . . - |
| Total Staked | $20B+ |
| APY | 3-4% |
| Validators | 30+ operators |
| Audit Status | Multiple audits |
stETH Token Mechanics
stETH is a rebasing token:
- Your balance increases daily
- 1 stETH always represents 1 staked ETH
- Trade, lend, or use as collateral
- Wrap to wstETH for non-rebasing version
. -
Track your Lido staking with Fensory. Monitor rewards across protocols.
Start Tracking →Step-by-Step Instructions
1
Visit Lido
Go to stake.lido.fi and connect your Ethereum wallet.
Tips
- ✓Works with MetaMask, WalletConnect, and hardware wallets
Warnings
- ⚠Only use stake.lido.fi - bookmark it
2
Enter ETH Amount
Enter how much ETH you want to stake. There is no minimum amount.
Tips
- ✓Start with a small test amount
- ✓You can add more anytime
3
Review Transaction
Check the expected stETH amount and current APY displayed.
Tips
- ✓APY fluctuates based on network conditions
- ✓You receive slightly less stETH than ETH due to Lido fee
4
Confirm Staking
Click Submit and confirm the transaction in your wallet.
Tips
- ✓Gas costs $5-20 depending on network congestion
5
Receive stETH
stETH will appear in your wallet immediately after confirmation.
Tips
- ✓Add stETH token to MetaMask if not visible
- ✓Contract: 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84
6
Watch Rewards Accumulate
Your stETH balance increases daily as staking rewards accrue.
Tips
- ✓Check dashboard for reward history
- ✓Daily rebase happens around UTC midnight
7
Wrap to wstETH (Optional)
For DeFi use or L2 bridging, wrap stETH to wstETH on the Lido site.
Tips
- ✓wstETH does not rebase - value appreciates instead
- ✓Required for some DeFi protocols
