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Staking Ethereum has become a popular way for crypto investors to earn passive returns on their holdings. Liquid staking tokens like stETH make this process even more accessible. You can buy staking tokens on Uniswap and effortlessly enjoy the rewards of staking Ethereum without having to manage the technicalities.
Lido Finance were first to offer this product and their stETH has become a DeFi giant, with over $8 billion worth of ETH staked. But with new entrants like Rocket Pool's rETH and Stakewise's sETH2 entering the scene it's become a competitive area and the question on my mind is "Should I diversify my staked Ethereum position?"
By James BachiniStaking Ethereum has become a popular way for crypto investors to earn passive returns on their holdings. Liquid staking tokens like stETH make this process even more accessible. You can buy staking tokens on Uniswap and effortlessly enjoy the rewards of staking Ethereum without having to manage the technicalities.
Lido Finance were first to offer this product and their stETH has become a DeFi giant, with over $8 billion worth of ETH staked. But with new entrants like Rocket Pool's rETH and Stakewise's sETH2 entering the scene it's become a competitive area and the question on my mind is "Should I diversify my staked Ethereum position?"