Stake Ether

While each network works differently, generally, the Lido protocols batch user tokens to stake with validators and route the staking packages to network staking contracts. Users mint amounts of stTokens which correspond to the amount of tokens sent as stake and they receive staking rewards. When they unstake, they burn the stToken to initiate the network-specific withdrawal process to withdraw the balance of stake and rewards.

In order to provide users with a safe staking platform, the Lido protocol fits the next points:

• Open-sourcing & continuous review of all code.
• Committee of elected, best-in-class validators to minimise staking risk.
• Use of non-custodial staking service to eliminate counterparty risk.
• Use of DAO for governance decisions & to manage risk factors.
• Lido has been audited by Certora, StateMind, Hexens, ChainSecurity, Oxorio, MixBytes, SigmaPrime, Quantstamp.

Please note that despite these factors potential risks still apply. Please read the Terms of Use for further details.

There exist a number of potential risks when staking using the Lido protocol. Some of these risks include:

• Smart contract security — There is an inherent risk that Lido Protocol could contain a smart contract vulnerability or bug.
• Slashing risk — Validators risk staking penalties, with up to 100% of staked funds at risk if validators fail.
• stToken price risk — Users risk an exchange price of stTokens which is lower than inherent value due to withdrawal restrictions.

Always conduct your own research and consult your own professional advisors before participating.

Lido staking APR for Ethereum = Protocol APR * (1 - Protocol fee)

Protocol APR — the overall Consensus Layer (CL) and Execution Layer (EL) rewards received by Lido validators to total pooled ETH estimated as the moving average of the last seven days.

Protocol fee — Lido applies a 10% fee on staking rewards that are split between node operators and the DAO Treasury.

Please note that APR figures are only estimates and subject to change at any time.

The protocol applies a 10% fee on staking rewards. This fee is split between node operators and the Lido DAO. That means the users receive 90% of the staking rewards returned by the networks.

stETH is a transferable rebasing utility token representing a share of the total ETH staked through the protocol, which consists of user deposits and staking rewards. Because stETH rebases daily, it communicates the position of the share daily.

You can get stETH many ways, including interacting with the smart contract directly. Yet, it is much easier to use a Lido Ethereum staking widget, stake your tokens directly from Ledger Ethereum wallet, or in other DEX Lido integrations.

You can use your stETH as collateral, for lending, and more.

There are multiple coverage and insurer providers with different products for stETH:

• Idle Finance
• Nexus Mutual
• Ribbon Finance
• Chainproof

Check with providers for coverage and insurer conditions.

You can use our Withdrawals Request and Claim tabs to unstake stETH and receive ETH at a 1:1 ratio. Also, you can exchange stETH on DEX Lido integrations.