Feb 1, 2023 1 min read

Executive summary: The Ultimate Guide to Ethereum Liquid Staking in 2023

ETH liquid staking derivative providers are pumping in early 2023. In this article, I explain why and how you can benefit from Ethereum liquid staking.

What you will learn:

How liquid staking derivatives work, why they are a major narrative in 2023, and how to take advantage of them.

Executive summary:

Liquid staking derivatives allow you to stake a derivative of your staked ETH and receive yield twice.
Researchers expect Ethereum's staking ratio to increase significantly once withdrawals from Ethereum staking are enabled.
The Ethereum Shanghai Upgrade will unlock withdrawals, but their impact may not be strong enough to lead to significant selling pressure.
Several providers exist on the market, with Lido a clear market leader among the decentralized providers.
There are several factors to take into account when choosing a liquid staking provider.
Liquid staking providers have different reward mechanisms: rebasing tokens, value-accruing tokens, and a two-token model.
There are more than half a dozen viable providers to choose from.
Staking strategies can range from safe stablecoin strategies to degen strategies.

Full article: