4 ETH staking choices that say something about your personality
From liquidity pools to liquid staking and “looping,” here are a few approaches you can take to ETH staking — categorized by the Chinese Zodiac. Staked Ether (ETH), liquid derivatives — it’s a whirlygig of smart contracts and big-brain blockchain jargon out there. Nonetheless, there are a few paths through the ETH Staking wilderness. But remember, anon, as the poet Antonio Machado said, “There is no path, paths are made by walking” — which is a fancy way of saying this isn’t financial advice and make sure you do your own research. Let’s start with the first personality type and the type of ETH staking that might be appropriate. The Ox: Slow and steady The ox, archetypally, has a strong, dependable personality but can be stubborn and suspicious of new ideas. If that sounds like you, you may be interested in staking directly with Lido. Lido Finance is not only the biggest liquid Staking derivative (LSD) protocol but it’s now the biggest decentralized finance (DeFi) protocol in the marke...