Protected Staking allows anyone to stake their ETH in less than 60 seconds and passively earn consistent staking yield with no slashing or leakage risk.
There is no minimum deposit requirement, and all yield is paid out in dETH which is always accounted for 1:1 with ETH in a particular validator staked on the consensus layer. It also earns 33% higher APR than traditional validator staking on a per ETH basis.
How to Use Protected Staking
Step #1: Connect your wallet
Navigate to the LSD Networks dApp and connect your wallet.
Step #2: Deposit your ETH
Select the “Deposit” tab at the top of the page and click the “Deposit” button under the Protected Staking section on the left.
Enter the amount of ETH that you want to deposit and then click “Confirm”.
When completed successfully, you will be prompted with a success confirmation pop-up which will give you the option to view the transaction on Etherscan.
Check out this article to learn how to manage your staked positions in the LSD Networks dApp.
Join the Blockswap Discord for the latest updates, announcements and community support.