How to Stake ETH with BlockSwap [StakeHouse LSD Network]
How-To Guide Liquid ETH Staking with Stakehouse LSD Networks
Here are the 7 steps to stake your ETH in minutes to earn staking rewards in ETH and BSN Tokens for early adopters.
How to Stake with Stakehouse Introduction Video
How-To Guide Summary
- Stake any amount of ETH, as little as 0.01 ETH, with BlockSwap to start earning ETH staking rewards via Protected Staking or MEV Staking.
- As an early adopter, you can earn BSN governance tokens in addition to your ETH staking rewards. Supporting EthereumStakingGuide.com’s Squad Staking may result in future benefits
- Follow the below steps in less than 10 minutes to begin testing Stakehouse LSD and earning ETH Staking rewards.
Requirements
- ⏰ 5–10 (Five to ten) minutes of your time
- 🔒 Self Custody Wallet
- 🦇🔊 Ethereum ($ETH) in your wallet
How-To Steps:
1. Go to this Staking Website — Fren Delegation with Blockswap
Confirm the website has the lock next to the word
2. Connect your Wallet.
Click on the “Connect Wallet” in the middle of the web page.
Select your wallet.
3. Double-Check Your Connected Wallet
Confirm you have the correct wallet connected. Most users have multiple wallets and switching the address to your desired wallet address is required to proceed.
4. Enter the Validator Public Key
Copy and paste the below Validator Key into the “Enter a validator public key” field. This validator public key is connected to the CryptoStakingGuide validator
🔑 Validator Public Key — 0xaa9555da24a6bd68f18babd676ae97fcc0ec576cb7da517913b3e361f67ba2d526563997659417d50ce62cdd20ac41c4
5. Select Protected Staking or MEV Staking.
This is your one big decision now. Click on Protected Staking or MEV Staking to stake your ETH in your wallet. You can come back and chose both options with two transactions, but for now we suggest to start with one and then consider staking with both as a second add-on.
How to select between Protected Staking and MEV Staking?
- 🛡️ Protected Staking earns 33% more than the Ethereum network rate in dETH rewards
- 🤖 MEV Staking earns 50% of MEV & tips, paid in ETH. Potentially higher rewards, with lower guaranteed rewards.
Protected Staking is the most popular due to the higher guaranteed returns. MEV Staking has at times paid higher rewards, (such as in June 2023) than Protected Staking.
6. Enter the ETH to stake and Press Confirm to start the transaction.
Enter any amount of Ethereum (ETH) that you would like to stake.
Starting with at least 0.01 ETH is suggested due to the average transaction cost.
Protected Staking is shown below in the following example with 0.1 ETH.
6. Confirm the transaction in your wallet. DON’T forget this step!
Confirm the transaction in your wallet with the suggested gas fees from your wallet.
If you are advanced, you can edit the gas fees, to try and save money. Editing gas fees is not suggested without the knowledge of how to adjust the nonce.
7. Celebrate with a confirmed transaction.
If you see this screen, you have successfully staked your ETH, congratulations!
Now you can relax knowing that you ETH is earning interest for you through a professional decentralized Ethereum validator community.
8. How do I manage / review my staking position?
You can see your staking rewards on the Blockswap LSD.joinstakehouse website.
Connect your Wallet and then on the “Manage” tab you should see a screen like one of these two options below:
- Protected Staking Example
- MEV Staking Example
Notes
For now, here is the information on the extra staking rewards for early adopters in the form of BSN tokens.
Have any Questions?
If you have any questions, get stuck, or need some help feel free to use one of these options below.
- Discord — Blockswap Support Channel — https://discord.com/invite/ZSwgGc68
- Email — help@cryptostakingguide .com— Please provide your wallet address, your question, and a few good times when you could meet live with our team (if that could be helpful.)
💡 Article Sources
- How should I stake my ETH? Blockswap Network
- Blockswap Network Website
- MEV Staking Guide Blockswap Docs
- Protected Staking Guide Blockswap Docs
- How to manage ETH rewards? Blockswap Docs </aside>
This article was created by a community member (@Kentphilly ) without funding or support from the Blockswap Network or any other organization.
