Ethereum is soon to be the biggest staking economy in the space. However, Ethereum staking requires expert knowledge and complex and costly infrastructure. There are several reasons why - the main being the fact that slashing and offline penalties can get very severe if the staking is managed improperly. In addition to this, self-staking brings with it a minimum deposit of 32 ETH and a token lock-up.
Through the use of a liquid staking service such as Lido, users can eliminate these inconveniences and enjoy non-custodial staking.
What is the difference between liquid staking & self-staking?
Liquid staking eliminates many inconveniences associated with self-staking.
Updated over a year ago