Liquid Staking on Eigenlayer: A Step-by-Step Guide to Delegating to DragonStake
In this comprehensive tutorial, you will learn the step-by-step process of delegating for liquid staking on Eigenlayer.
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Today, April 16th, 2024, Eigenlayer has opened the possibility to perform liquid staking with multiple protocols. In this guide, you will learn how to delegate your liquid staking on the Eigenlayer platform. Whether you’re new to staking or an experienced user, this tutorial will provide you with an easy-to-follow process.
Let’s get started on your journey to becoming an active part of the DragonStake community on Eigenlayer.
For this tutorial, we will be using stETH on Lido and a Metamask wallet.
Step 1 — Go to the Eigenlayer App.
Click here: https://app.eigenlayer.xyz/
Connect your wallet. Choose your preferred wallet from the list of supported wallets.
Step 2 — Go to Restake
Navigate to the “Restake” section on the top menu.
Step 3 — Select the Protocol
For this tutorial, we are working with Lido. Click on the selected protocol.
Step 4 — Select the Amount to Restake and Confirm
In this section, you can add the amount you want to stake. You can choose any amount.
For the Beacon Chain, you can only stake 32 ETH.
Step 5 — Choose an Operator
- Navigate to the “Operator” section on the top menu.
- Search for your validator. In this tutorial, we have chosen DragonStake.
- When your selected validator appears, click on “Manage”.
Step 6 — Start the Delegation Process
Click on “Delegate” and confirm your delegation.
To verify that your delegation was approved, you can check the dashboard.
Disclaimer: This article is provided for informational purposes only. Cryptocurrency investments are subject to high market risk. DragonStake is not responsible for any direct, indirect, or consequential losses as a result of the staking process. Always perform your due diligence before making financial decisions.
