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In simple terms, the "ETH Liquidity Staking" feature developed in collaboration with #Veera and Lido Finance allows you to earn staking rewards on ETH while keeping your funds freely usable and not locked!
Traditional ETH staking requires locking up your coins for a long time, during which you can't move them, and usually requires a minimum of 32 ETH to participate. But now, with this new feature:
• You can stake any amount of ETH, and you'll automatically receive an equivalent amount of stETH at a 1:1 ratio;
• This stETH can be directly used on other DeFi platforms for lending, investing, and earning additional yields, without sacrificing liquidity;
• There are no lock-up periods—you can withdraw anytime, without waiting months or even a year, and the entire process is on-chain, secure, and transparent;
• Plus, there's the yield_xyz "Smart Yield Routing" behind the scenes, automatically finding the most profitable yield paths, so you don't have to do it yourself.
The operation is super simple: just open "stETH," and with one click, swap ETH for stETH, earning staking rewards while using stETH to continue generating income—it's like earning double the returns on one ETH!
@On_Veera
@cookiedotfun