Back to Basics
Key Takeaways
- Thanks to liquid-staking protocols (LSPs), you don’t need to own 32 ETH to stake and earn rewards.
- Lido is by far the most popular LSP, and the next are Coinbase and Rocket Pool.
- Relative to holding ETH, liquid staking is riskier but generates a higher return.
00:00 Liquid Staking
00:45 Topics
01:15 What is Liquid Staking
03:32 Why do it?
06:03 Top 3
07:05 Lido
08:21 Coinbase
11:06 Rocketpool
13:20 Risks of Liquid Staking
16:15 Conclusion
In light of recent events in the crypto industry, going back to basics can have compounding effects on your cryptocurrency journey.
We’re currently updating our beginner resources; keep an eye out for more fantastic educational content into 2023!