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6 ways you can earn yield on your ETH.

Covduk
5 min readApr 13, 2022

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Everyone has yield laying around. Put it to work & earn yield on it.

We’re diving into:

  • Staking
  • Lending
  • Yield Aggregators
  • ETH Liquidity Pools
  • Riskier ETH Liquidity Pools (with IL)
  • Leverage

#1 Staking your ETH

ETH is switching to PoS, which means that you can lock your tokens to secure the network & earn yield. Super simple and arguably the safest way to earn yield on ETH.

Returns are currently at ~4.4%. But you do need 32 ETH to stake directly

Pros of directly staking ETH:

  • Low risk
  • Securing ETH network directly

Cons:

  • Need 32 ETH
  • Hard to set up
  • ETH locked up until after merge

Lido

https://lido.fi/

You can use Lido Finance to stake any amount of ETH. You won’t have to set up a validator & you get the liquid stETH in exchange. stETH is pegged to ETH & you can lend, borrow and pool with it.

Currently, you get 3.9% APR.

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Covduk
Covduk

Written by Covduk

I write crypto 101s, dive dives and how tos. Crypto | NFTs| DeFi

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