Today, we’re pleased to announce that users can access stETH by Stakehound. stETH is currently yielding 9% more than ETH and provides Vault Managers and Savers with an alternative to accessing those staking rewards without having to lock up capital indefinitely.
How do I stake my ETH?
You can stake ETH by going to the new Stake tab on the Vault Manager interface.
From this interface you can seamlessly switch from ETH to stETH with one transaction. You can also swap any other token for stETH from this interface.
Earn trading fees by providing liquidity to ETH — stETH via Uniswap
stETH liquidity is currently supported by a Uniswap pool (ETH-stETH). Users on Enzyme who hold both ETH and stETH will be able to earn trading fees by adding liquidity to this pool soon too.
Next steps
Going forward Stakehound has plans to continue more stTokens. Specifically on their roadmap, we can expect StZEN, stDIVI, stDASH and stXYM are due shortly. We also expect them to launch StBNB stAVAX, stALGO, stMATIC and others soon!
