1. What is ETH Staking on Lido?
ETH staking on Lido allows you to stake your Ethereum on the Ethereum network through the Lido protocol and receive stETH in return. stETH represents both your staked ETH and the rewards it earns, and it is securely held in your Hex Safe vault.
2. What token do I receive when I stake ETH via Lido?
You will receive stETH, which automatically accrues staking rewards over time.
3. How are rewards paid out?
Rewards are reflected directly in your stETH balance through a daily rebase — your token balance increases automatically.
4. Is there a minimum amount required to stake?
No, there is no minimum stake amount.
5. How long does it take for my stake to start earning rewards?
Rewards start accruing once your ETH is deposited into the Lido protocol.
6. How do I stake and unstake my ETH?
You can follow our step-by-step guide here: How to Stake/Unstake & Redeem ETH on Lido via Hex Safe.
7. How long is the unstaking period?
The unstaking period may vary and is dependent on network conditions and congestion. You can check the estimated redemption time directly on Hex Safe.
8. Can I unstake at any time?
Yes. You can initiate unstaking anytime, but ETH will only be available after the unstaking period ends.
9. Do I need to take action after unstaking to receive my ETH?
Yes. You must redeem the NFT you receive after unstaking to claim your ETH.
10. Does my ETH leave Hex Trust custody during staking?
Yes. ETH is deposited into Lido’s smart contract, and you receive stETH in your Hex Safe vault. stETH remains in Hex Trust custody.
11. Is there a lock-up period?
No fixed lock-up period, but redemption time varies based on network conditions.
12. Can I transfer my stETH to another wallet?
Yes, but if transferred outside Hex Safe, you must manage redemption yourself.
13. What network is supported for Lido staking via Hex Safe?
Currently, only Ethereum Mainnet is supported.
14. Where can I see my staking rewards?
Rewards are reflected in your stETH balance in Hex Safe and can be viewed in the Staking section.
Can’t answer your question? Contact us at clients@hextrust.com.