How How Ethereum Staking Works can Save You Time, Stress, and Money.
No, staking ETH is the whole process of depositing and locking up any quantity of ether that can help validate and secure the consensus layer (the Beacon Chain) and obtain rewards for doing so. On platforms like Lido Finance, consumers can stake their ETH and receive stETH, which can be traded or used for other DeFi applications like lending.Algora