Welcome to DeFi D.I.Y., a new recurring feature where Decrypt’s DeFi whiz walks you through how to use a specific DeFi tool or platform. Today: staking Ethereum on Lido.
Not everyone has the 32 ETH needed to stake directly onto the Beacon Chain, or Phase 0 of the network’s transition to Ethereum 2.0 and a proof-of-stake (PoS) consensus mechanism.
To serve this community of smaller token holders, several projects have emerged that let users stake any sum they want. Moreover, you can still…
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