FAQs
You can check your stETH balance on Etherscan by clicking the token in the dropdown menu. Rebases happen once per day at 12PM UTC. There is no transaction that takes place, as a way to prevent paying gas fees on a daily basis. Also, you can visit stake.lido.fi/rewards to track your daily staking rewards with Lido.
How to claim stETH rewards? ›
Navigate to Withdrawals > Claim to see your pending stETH ready to be claimed. Click 'Claim' and confirm the transaction on your Ledger device to finalize the withdrawal.
How does stETH Rewards work? ›
stETH With Lido the number of stETH tokens in your wallet increases or decreases based on the performance of the protocol to reflect any rewards you may receive. Lido typically updates token balances on a daily basis. stETH is withdrawable on a 1:1 basis for ETH.
How are Lido Rewards paid out? ›
Users mint amounts of stTokens which correspond to the amount of tokens sent as stake and they receive staking rewards. When they unstake, they burn the stToken to initiate the network-specific withdrawal process to withdraw the balance of stake and rewards.
What is the payout for stETH? ›
The current estimated reward rate of Lido Staked ETH is 3.31%. This means that, on average, stakers of Lido Staked ETH are earning about 3.31% if they hold an asset for 365 days. 24 hours ago the reward rate for Lido Staked ETH was 3.35%. 30 days ago, the reward rate for Lido Staked ETH was 2.94%.
Where can I see my stETH rewards? ›
You can check your stETH balance on Etherscan by clicking the token in the dropdown menu. Rebases happen once per day at 12PM UTC. There is no transaction that takes place, as a way to prevent paying gas fees on a daily basis. Also, you can visit stake.lido.fi/rewards to track your daily staking rewards with Lido.
How do I claim my staking rewards? ›
To claim rewards on the DockJS UI, you will need to navigate to the Payouts tab underneath Staking, which will list all the pending payouts for your stashes. To then claim your reward, select the Payout all button. This will prompt you to select your stash accounts for payout.
How do I use my stETH token? ›
You can use stETH like ETH in various decentralized finance (DeFi) activities. This includes earning staking rewards and participating in lending, borrowing, and providing liquidity to earn additional returns.
Why is stETH worth less than ETH? ›
You'll realize that the stETH staking rewards are lower than those of the Ethereum Beacon Chain. This difference arises because there's a queue from which all stETH holders are accruing rewards and only a handful of Lido validators have usually made it through the queue at the end of each day.
Can you transfer stETH to another wallet? ›
stETH is fully transferable, and you can transfer your stETH between wallets, to friends, etc, as you would with any other token. stETH staking rewards go to the address holding the stETH.
Airdrop claiming
- Check if you are eligible to claim airdrop Find your address here and get your index. ...
- Check if you haven't already claimed your airdrop 2.1 Go to Etherscan (contract address - 0x4b3EDb22952Fb4A70140E39FB1adD05A6B49622B) ...
- Claim your LDO airdrop
Can I withdraw from Lido? ›
The withdrawal process is simple and has two steps: Request withdrawal: Lock your stETH/wstETH by issuing a withdrawal request. ETH is sourced to fulfill the request, and then locked stETH is burned, which marks the withdrawal request as claimable. Under normal circ*mstances, this can take anywhere between 1-5 days.
Is Lido trusted? ›
There is an inherent risk that Lido Protocol could contain a smart contract vulnerability or bug. The Lido code is open-sourced, audited and covered by an extensive bug bounty program to minimise this risk.
How does stETH accrue rewards? ›
stETH accrues staking rewards regardless of where it is acquired. This means that regardless of whether you acquire stETH directly from staking via stake.lido.fi, purchase stETH from 1inch or receive it from a friend, it will rebase daily to reflect Ethereum staking rewards.
How much is Lido ETH worth today? ›
The live Lido Staked ETH price today is $3,523.48 USD with a 24-hour trading volume of $97,102,839 USD.
What can I do with Lido stETH? ›
stETH can be used to participate in various DeFi platforms. The way Lido is architectured makes stETH a fantastic piece of DeFi-lego, letting you use it as you normally would use your Ethereum. The benefit? Your stETH balance increases daily as staking rewards come in.
How do I claim my core staking rewards? ›
Delegating your CORE holding gives you a share of validators reward, here's what to do:
- Go to stake.coredao.org, and connect the wallet holding your CORE coin. ...
- Once your choice validator is clicked, a new page is opened, then follow the steps in the image below: ...
- To claim your CORE reward. ...
- Click on the “Claim” button.
How do I claim my dot rewards ledger? ›
DOT rewards are received when an active validator you've nominated claims them for you. Typically, active validators do this daily. Once claimed, rewards will be visible in the 'Latest Operations' section of your Polkadot account.
Can you convert stETH to ETH? ›
You can convert 1 STETH to 0.976231 ETH. Live STETH to ETH calculator is based on live data from multiple crypto exchanges. Last price update for STETH to ETH converter was today at 14:50 UTC .