Your ETH Is Sitting Idle — Lido Just Gave It a Job

You have ETH earning nothing. Ethereum validators are earning 2.8% annual yield right now. Lido staking bridges that gap without requiring 32 ETH or running validator hardware.

Lido is a liquid staking protocol that pools ETH from multiple people, stakes it with validators, and issues stETH tokens representing your staked ETH plus rewards. You deposit any amount of ETH and receive stETH at 1:1. The stETH balance grows as rewards accumulate.

Unlike native staking which locks your ETH, Lido gives you a tradeable token immediately. That token can be swapped, used as collateral, or deposited into yield pools.

When you stake through Lido, your deposit is distributed across 800+ node operators. These operators earn rewards from securing Ethereum. Lido takes a 10% fee and distributes the remainder to stETH holders.

stETH is a rebase token. Your balance increases daily. If you stake 1 ETH at 2.6% APY, you hold 1.026 stETH after one year.

The stETH to ETH rate typically trades within 0.02% of 1:1 on DEXs like Curve. During stress, the peg can deviate. In May 2022, stETH dropped to 0.94 ETH.

Lido offers 2.6% APY currently. Here's the comparison:

Lido offers higher APY with more validators and lower fees. Native staking requires 32 ETH. For holders with less who want liquidity, Lido and Rocket Pool are the practical choices.

Jumper aggregates 15 staking protocols. To stake via Jumper:

1. Go to

and connect your wallet.

2. You can filter by selecting ETH on Ethereum chain or dropdown the ''Protocol'' section and select ''Lido''.

3. Enter amount, approve, confirm.

stETH appears in 30 seconds. Rewards begin immediately.

To unstake, swap stETH to ETH on a DEX via Jumper, or use Lido's queue (1-7 days).

stETH is composable. You can provide liquidity on Curve (4-6% APY), use it as collateral on Aave (90% LTV), or deposit into yield aggregators.

Jumper Earn shows all stETH yield options. For more on

or

comparisons, see our guides.

Three risks apply:

Smart contract risk:

Lido holds $38 billion TVL. An exploit could cause loss. Lido has been audited and operated without critical exploits since 2021.

Validator slashing:

If a validator acts maliciously, Ethereum slashes staked ETH. Lido socializes penalties. Historical slashing caused 0.01-0.1% losses.

Depeg risk:

stETH trades on markets. During high demand, it can trade below 1 ETH. In May 2022, it hit 0.94 ETH.

For

and post-Merge mechanics, see our guide.