Direct Staking
Direct staking is revolutionizing DeFi by enabling users to stake directly on Layer 2 (L2) while the protocol automatically executes all necessary bridging transactions to and from Ethereum.
Last updated
Direct staking is revolutionizing DeFi by enabling users to stake directly on Layer 2 (L2) while the protocol automatically executes all necessary bridging transactions to and from Ethereum.
Last updated
Direct staking is fast, easy, and cost-effective, offering blockchain enthusiasts a seamless way to secure networks and receive rewards. Whether you're an investor, developer, or crypto enthusiast, this guide will help you understand why direct staking is a game-changer in DeFi.
Direct staking is particularly popular on blockchains like Ethereum, where users contribute to network security and transaction validation. By staking directly, users gain access to Liquid Staking Tokens (LSTs), which enhance liquidity and returns in DeFi activities.
Through a collaboration with Chainlink and Lido, Interport now allows users to stake ETH directly from L2, broadening access to LSTs across multiple chains. This integration leverages CCIP’s Programmable Token Transfers for seamless digital assets and data movement. Using Lido’s Direct Staking module, users can stake (W)ETH on L2s and receive wstETH without incurring additional incentives from Interport or Lido—only covering bridging and gas costs.
Direct staking can be approached through Instant Staking or Slow Staking, each with pros and cons depending on user priorities such as speed, cost, or staking limits.
With Liquidity Pool Approach, users can stake native network digital assets or ERC20 tokens (e.g., WETH) in Lido staking pools and immediately receive the corresponding LSTs, such as wstETH, in their wallet. This process is similar to a digital asset swap, where you receive a representative digital asset from Lido’s liquidity pools.
Advantages: Liquidity Pool Approach is fast and cost-effective, making it ideal for users who want to engage in DeFi quickly. It leverages existing L2 liquidity, resulting in lower fees.
Limitations: The staking amount is limited by available LST pool liquidity. If liquidity is insufficient, staking may be restricted.
Direct Approach transfers tokens from L2 to L1 before staking, using Chainlink's CCIP technology for secure cross-chain messaging. Once staked, the LSTs are bridged back to L2 and delivered to the user's wallet. For the user, this entire process is condensed into a single transaction (excluding approvals). At the same time, under the hood, contracts handle bridging in both directions, staking, and transfers between bridges and protocols. This simplicity is a significant advantage for users with limited experience interacting with blockchain infrastructure or those who lack the time to manage these processes manually.
Advantages: There is no limit on the staking amount, making it suitable for larger deposits. The user only needs to initiate one transaction, while the protocol manages all underlying operations. Additionally, users have the option to pay for cross-chain messaging fees using LINK tokens.
Limitations: The process is slower and incurs additional cross-chain messaging fees, making it more costly than Liquidity Pool Approach.
Currently, direct staking is available on Arbitrum, Base, and Optimism via protocols like Lido, enabling users to stake ETH or Wrapped ETH (WETH) for wstETH.
Interport is a decentralized cross-chain trading platform that supports seamless staking and trading across multiple blockchain networks. Interport offers fast and cost-effective staking, providing Liquid Staking Tokens (LSTs) for enhanced liquidity across Arbitrum, Base, and Optimism chains.
Direct staking with Interport is fast, easy, and cost-effective. It offers:
Higher Efficiency: Avoid delegation fees and maximize returns.
Cross-Chain Staking: Seamlessly stake across Arbitrum, Base, and Optimism.
Instant Liquidity: Gain LSTs immediately, allowing participation in DeFi for extra yields.
Direct staking with Interport allows users to stake directly on L2 without bridging to and from Ethereum. This powerful feature offers higher rewards, instant liquidity, and seamless cross-chain staking - ideal for active DeFi participants.
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