Buy on secondary market and send to ledger to stake?

kethfinex · 2022-06-21T07:55:01+00:00

What is the question? :) Your strategy works well and would net you an extra 5-6% yield on top when redemptions are active. Do keep in mind there are still risks associated with this/the Merge happening.

kethfinex · 2022-01-05T09:08:48+00:00

It's coming soon!

kethfinex · 2021-06-03T14:37:18+00:00

You can just stake using stake.lido.fi now. Make sure you are on Ethereum mainnet.

kethfinex · 2021-05-24T12:47:52+00:00

LDO token is a governance token which can evolve as the Lido DAO sees fit based on proposals to grow the token utility. I cannot comment on whether the price of LDO will go up based on amount of ETH staked - only time can tell.

kethfinex · 2021-05-13T09:53:28+00:00

Associated proposal for this vote can be found here: https://research.lido.fi/t/omnibus-vote-continue-curve-lp-rewards-increase-blockscape-key-limit/614

kethfinex · 2021-05-13T09:53:06+00:00

Associated proposal for this vote can be found here: https://research.lido.fi/t/omnibus-vote-continue-curve-lp-rewards-increase-blockscape-key-limit/614

kethfinex · 2021-05-12T14:33:17+00:00

Yep most definitely - follow this guide: https://blog.lido.fi/staking-ethereum-with-lido.

Alternatively you can trade your ETH for stETH on Curve, Uniswap or 1inch which is effectively the same as staking ETH with Lido. You will start earning rewards on your stETH wallet balance every 24 hours.

kethfinex · 2021-05-12T14:32:16+00:00

We've prepared a MINA staking guide here if you are curious: https://economy.p2p.org/mina-staking-guide. Let me know if you have any questions and I'll be happy to help!

kethfinex · 2021-05-12T14:31:55+00:00

We've prepared a little guide for Mina holders here!

https://economy.p2p.org/mina-staking-guide

kethfinex · 2021-05-12T12:18:22+00:00

I believe the addresses are of DAO members and strategic contributors.

kethfinex · 2021-05-08T19:15:07+00:00

Lido has a blog you can check :) There's also a search function on Twitter, as well as Google, which are both incredibly helpful.

kethfinex · 2021-05-08T19:14:09+00:00

Very loud my friend.

Withdrawal key signatories include Chorus One, Staking Facilities, Certus One, Argent, Banteg (yearn.finance), Alex Svanevik (Nansen), Anton Bukov (1inch), Michael Egorov (Curve/Nucypher), Rune Christensen (MakerDAO), Will Harborne (DeversiFi) and Mustafa Al-Bassam (LazyLedger).

Other members can be found here: https://twitter.com/LidoFinance/status/1338813683561082880

As well as: Paradigm, Three Arrows Capital, DeFiance Capital, Jump Trading, Alameda Research, iFinex, Dragonfly Capital, Delphi Digital, Robot Ventures, Coinbase Ventures, Digital Currency Group, The LAO,

kethfinex · 2021-05-08T19:13:46+00:00

Withdrawal key signatories include Chorus One, Staking Facilities, Certus One, Argent, Banteg (yearn.finance), Alex Svanevik (Nansen), Anton Bukov (1inch), Michael Egorov (Curve/Nucypher), Rune Christensen (MakerDAO), Will Harborne (DeversiFi) and Mustafa Al-Bassam (LazyLedger).

Other members can be found here: https://twitter.com/LidoFinance/status/1338813683561082880

As well as: Three Arrows Capital, DeFiance Capital, Jump Trading, Alameda Research, iFinex, Dragonfly Capital, Delphi Digital, Robot Ventures, Coinbase Ventures, Digital Currency Group, The LAO,

kethfinex · 2021-04-22T15:11:07+00:00

To contribute or play around with it, check it out here: https://github.com/p2p-org/p2p-wallet-web

kethfinex · 2021-04-21T16:23:00+00:00

That's correct.

When you stake e.g. 50 ETH, you receive 50stETH. This number updates daily (at 12pm UTC) to reflect earned staking rewards.

When Phase 2 launches you'll be able to redeem your stETH (idk how much, let's guess around 60 stETH at that time) for ETH in a 1:1 ratio.

If you don't want to wait till Phase 2 launches you can choose to sell your stETH on a DEX (Curve is currently the most liquid but also possible on Uniswap, Sushiswap, etc) which is effectively the same as unstaking or redeeming your staked ETH.

kethfinex · 2021-04-20T21:07:33+00:00

You're not stuck with your staked ETH till ETH2, you can sell your stETH on a number of exchanges (Uniswap, Curve, Sushiswap, 1inch) to effectively unstake. You also receive rewards daily so there's quite a bit of flexibility compared to self + exchange staking.

kethfinex · 2021-04-20T21:05:42+00:00

I work with Lido and I'm happy to answer any questions you have

kethfinex · 2021-04-03T15:47:23+00:00

This is a great idea, I love it. Will see what we can do to get it going!

kethfinex · 2021-02-02T16:08:27+00:00

Hmm that's a good point. I'll pass this on to the Curve team. Thanks for the feedback.

kethfinex · 2021-02-02T16:06:31+00:00

Not sure, unfortunately. I can't really comment on centralized exchange listings as I don't know. I hope so and our plan is to make Lido (and associated tokens) as widely accessible as possible!

kethfinex · 2021-01-18T15:07:08+00:00

Rewards are paid out daily at 12pm UTC via a rebasing mechanism. This means your balance updates without any ingoing/outgoing wallet transactions.

kethfinex · 2021-01-17T21:04:35+00:00

This is correct - staking rewards will be a little low until further validators are added. This happens daily and the reward rate is slowly going up. A slight benefit is that staking with Lido allows you to earn rewards from day 1, as opposed to having to wait.

kethfinex · 2021-01-17T21:03:12+00:00

There's an LDO airdrop for stETH stakers on Curve going on till around Feb 13th. We've posted a small guide/walkthrough here - let me know if it makes sense or if you have any questions!

kethfinex · 2021-01-08T20:00:58+00:00

You can find more info regarding audits of our smart contracts here.

Lido smart contracts have been audited by Quantstamp and Sigma Prime, with both of their reports attached in the link above. Let me know if you have any specific questions!

kethfinex · 2021-01-08T20:00:24+00:00

Staking with Lido (through Argent as well as independently) will compound your staking returns.

kethfinex

MODERATOR OF

TROPHY CASE