Halo Wallet has integrated with Lido to offer the best liquid staking service. Lido is the leading liquid staking solution on Ethereum, providing an easy & secure way to earn interest on your digital assets.
Read the article to learn more about Lido and how to stake ETH with Lido on Halo Wallet.
What is Lido?
Lido is a liquid staking solution on Ethereum that allows users to earn rewards on their cryptocurrency assets. Lido allows users to stake any amount of ETH while preserving the liquidity of their ETH through the stETH token.
When you stake with Lido, you receive stETH tokens on a 1:1 basis representing your staked ETH. stETH tokens can be used like regular ETH to earn yields and lending rewards on other protocols, and are updated on a daily basis to reflect your ETH staking rewards.
How to stake ETH with Halo Wallet?
Step1: Access to Staking entrance
Open the Halo Wallet APP. Tap the last button on the bottom to enter your own asset page. Then, select [Stake].
Step2: Stake ETH
On the Stake screen, input the amount you want to stake and then tap on Next.
Confirm the transaction. Wait for the transaction to be processed. After your ETH is sent over to the staking pool, you will see the amount you have staked on the dashboard.
About Halo Wallet
Halo Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation and aims to provide Web3 users with a more efficient and deep insight into investment opportunities through the Social web. With the leading security technology audited by Hacken, Halo Wallet is a self-custody wallet that users have full control of their assets. Let Web3 users discover the value of projects earlier, monitor their investment portfolios, and make smart decisions. That is where the Halo Wallet comes into play!