Member-only story
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
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.