staking

name	staking
description	Liquid staking operations on Ethereum including staking ETH, checking APYs, and managing LSTs

Liquid Staking

Use the defi_stake tool for liquid staking operations on Ethereum mainnet.

When to Use

• User wants to stake ETH for yield
• User asks about staking APYs or LST positions
• User wants to convert between stETH and wstETH
• User wants to exit a staking position

Supported Protocols

Protocol	Stake	Unstake	Tokens
Lido	Yes (ETH -> stETH)	Via swap	stETH, wstETH
Rocket Pool	Yes (ETH -> rETH)	Yes (rETH -> ETH)	rETH
Coinbase	Via swap	Via swap	cbETH

Key Concepts

Liquid Staking Token (LST): A token representing staked ETH. Earns staking rewards while remaining tradeable and usable in DeFi.

wstETH vs stETH: wstETH is the "wrapped" version of stETH. It's value-accruing (1 wstETH > 1 stETH over time) rather than rebasing. Preferred for DeFi (Aave collateral, L2 bridges).

Exchange Rates: LSTs are not 1:1 with ETH. rETH and wstETH appreciate over time as staking rewards accrue.

Common Flows

Stake ETH via Lido

defi_stake action=stake protocol=lido amount=1.0

Receives stETH. Then optionally wrap:

defi_stake action=wrap amount=1.0

Stake via Rocket Pool

defi_stake action=stake protocol=rocket_pool amount=1.0

Check positions and APYs

defi_stake action=positions
defi_stake action=positions chain=base

Exit staking

defi_stake action=unstake protocol=rocket_pool amount=1.0

For Lido/cbETH, use defi_swap to swap LST back to ETH (instant, market rate).

APY Data

APYs are fetched from DeFiLlama and cached for 10 minutes. Typical ranges:

• Lido (stETH): ~3-4% APY
• Rocket Pool (rETH): ~3-4% APY
• Coinbase (cbETH): ~3-4% APY

Important Notes

1. Staking targets Ethereum mainnet — all stake/unstake/wrap/unwrap operations execute on Ethereum L1
2. Positions work on both chains — positions shows balances on Ethereum and Base (bridged LSTs)
3. Lido unstaking has a queue — direct withdrawal takes 7+ days; swap stETH for ETH via DEX for instant exit
4. cbETH can only be swapped — no direct mint/redeem contract; use defi_swap instead
5. Gas costs — Ethereum L1 gas is higher than Base; factor this into small staking amounts