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Mervin-Lee

Hey guys! Can someone help me to understand how lido

platform works.. from my understanding, if you stake eth, you get steth in return.... Once I sell my steth to usdt, would my eth still be staked on lido?

#cryptocurrency #english #lido
0

5 ответов

2 просмотра
cryptodenier (will NOT dm first)-

No, stETH represents your stake. If you sell it, you no longer earn staking rewards.

0
12.08.2022
Mervin-Lee Автор вопроса
cryptodenier (will NOT dm first)
No, stETH represents your stake. If you sell it, y...

ah... thanks for clearing that up....

0
12.08.2022
Crypto-Kingpin
cryptodenier (will NOT dm first)
No, stETH represents your stake. If you sell it, y...

Hello, are Lido rewards on moonbeam for staking xcDOT paid in Lido or DOT ?

0
12.08.2022
cryptodenier (will NOT dm first)-
Crypto Kingpin
Hello, are Lido rewards on moonbeam for staking xc...

It’s paid out in stDOT, your stDOT balance rebases, increases automatically.

0
12.08.2022

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