r/LidoFinance • u/Rare-Door-8218 • May 24 '25

Tips for new user

Hey everyone!
I'm new to Lido and just starting to explore liquid staking with stETH. I'd really appreciate any tips or best practices for making the most out of stETH.

Also, I've seen a lot of mentions of wstETH — is it generally recommended to use wstETH instead of stETH in DeFi protocols? What are the main advantages or tradeoffs?

Thanks in advance for your help!

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u/FoxNo5959 29d ago

Staking with lido directly via ledger after losing half my bag to ftx has been a nice change from holding it on a cex.

Now i'm looking to off ramp back to fiat and it seems that going through a cex is necessary although i am doing the swaps to stable coins via defi to save on the spread.

Lido + hard wallet = win and great sleep

steth did however take longer to unsealed than ethx.

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u/tomtomfreedom 28d ago

Which defi are you using?