Stake ETH on Lido with Trust Wallet

What is Lido?

Lido is a liquid staking solution for ETH 2.0 backed by a number of the industries leading blockchain staking providers. Lido allows users to stake any amount of ETH - without the need to maintain complex infrastructure - whilst 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. This stETH balances can be used like regular ETH to earn yields and lending rewards, and are updated on a daily basis to reflect your ETH staking rewards.

Learn more about Lido Staking here: https://www.lido.fi/faq

Note:
Staking your ETH will lock it for a certain time. When Ethereum 2.0 Phase 2 starts you can redeem stETH to ETH tokens. Proceed at your own risk.

Staking ETH on Lido

Access Lido

Open the DApp browser and enter the address, https://lido.fi. You can also tap on Lido Staking on the list of DApps.

Tap on Stake now to proceed. In case that your wallet is not automatically connected, simply tap on Connect wallet, agree to the Terms of Use and then tap on Trust.

Staking ETH

On the Stake Ether screen, you will see here your ETH balance. Input the amount you want to stake and then tap on Stake.

Note:
Staking your ETH will lock it for a certain time. When Ethereum 2.0 Phase 2 starts you can redeem stETH to ETH tokens. Proceed at your own risk.

Confirm the transaction by tapping on Send. Wait for the transaction to be processed.

Confirm your Stake

Your ETH will be sent over to the staking pool and when you go back to your dashboard, you will see the amount you have staked.

While your ETH is staked, an equivalent amount of stETH will be issued by Lido.