Thanks to the success of the Shapella hard fork, we can now withdraw Ethereum from its staking contracts more conveniently rather than stake our future and luck on the Beacon chain. It also seems that the liquidity risk associated with staking has been reduced.
As such, there is no lack of options when it comes to staking our Ethereum, especially when most of us wonβt have sufficiently deep pockets to cough up the 32 ETH necessary for running our own validator. Broadly speaking, we can either stake our ETH with centralised exchanges like Coinbase and Gemini or explore liquid staking protocols that have so far generated Liquid Staking tokens (LSTs) worth $15+ billion. Lido and Rocket Pool are commonly known DeFi protocols but there are others as well, including Eigenlayer, Ether.fi, Asymmetry Finance, Tai Money and Lybra. They offer investors new and innovative ways of staking their Ethereum - to the extent that an entire investing class has come up called LST-Fi.
Does the availability of LSTs make you diversify your ETH staking game? How much of your ETH is in cold storage and what is the largest percentage you will be inclined to stake your ETH on these new-but-untested liquid staking protocols?
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