SafePal Earn allows users to earn daily rewards by staking your digital assets. You can stake or unstake almost any time, so you can retain flexibility and liquidity over your assets while earning daily rewards. In this section, we will demonstrate how to stake $ETH into Lido to earn passive yields from your crypto holdings, as well as how to unstake your staked funds.
The article contains the following contents:
- Step1 Get prepared for the SafePal DApp Store
- Step2 Navigate to the Lido DApp
- Step3 Stake $ETH in Lido
- Step4 Withdraw your funds
The related articles that you may be interested in:
- How to stake crypto into SafePal Earn
- How to create LP tokes in the SafePal App
- How to withdraw the deposited LP token from SafePal Earn
- How to claim the earned yieldings from SafePal Earn
- How to withdraw all the tokens from SafePal Earn
Step1 Get prepared for the latest SafePal App
To smoothly use this Lido staking feature in SafePal wallet, please upgrade your SafePal App version first and the latest SafePal App can be downloaded from here.
Step2 Navigate to Lido DApp
Launch your SafePal App, you can search and find the Lido DApp in SafePal DApp Store, then click onto the ‘Lido’ icon.
Step3 Stake $ETH in Lido
Carefully read the security warning message, click ‘Confirm’.
Your wallet will connected with the Lido DApp, click 'Stake now'.
Enter the amount of $ETH that you would like to stake, and click 'Confirm'.
Check the stake details, choose a network fee standard, and click 'Confirm'.
Enter your App security password, and click 'Confirm' to sign the staking.
Congratulations! You have successfully staked $ETH crypto assets into SafePal Earn. On the same page, you can view all the staked products and the latest yielding details!
Step4 Withdraw your funds
Choose stETH or wstETH and the amount to withdraw, then press ‘Request withdrawal’.
Approve the allowance by signing the transaction. For more details, you can also refer to the tutorial in this link.
