This Guide to Staking Ethereum with Metamask is a simple and effective way to earn passive income on your cryptocurrency investments. By locking up your Ethereum in a staking pool, you can earn a share of the block rewards generated by the network, all while keeping your assets safe and secure. In this guide, we’ll walk you through the process of staking Ethereum with Lido, step-by-step, so you can start earning passive income on your cryptocurrency investments today. Whether you’re new to staking or a seasoned pro, this guide will provide you with all the information you need to get started staking your Ethereum.
Lido Staked Ether (STETH)
How to Connect your MetaMask Wallet and Stake Ethereum with Metamask on Lido
1. Begin by navigating to the Lido staking website at stake.lido.fi and selecting the “Connect Wallet” button. This will prompt you to choose your preferred wallet, choose MetaMask. Once connected, you will be able to view your Ethereum balance within the Lido interface.
2. Next, specify the amount of Ethereum you wish to stake by entering it into the designated field. Before you confirm, you will be able to view the transaction fee, stETH balance, and annual percentage rate. Press “Stake” once you are ready to proceed.
3. The next step is to confirm the transaction through your MetaMask wallet.
4. Once the transaction is complete, you will see an updated wallet balance and staked amount (in stETH) on the Lido staking website. The staked Ethereum will now appear in your MetaMask wallet as stETH.
You Can Now Stake Your Ethereum Directly on Metamask as well
We are extremely happy to announce that you can now stake ETH with Lido or Rocket Pool through the Portfolio Dapp🎉
— MetaMask 🦊💙 (@MetaMask) January 13, 2023
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