Staking ETH with Lido or Curve ? A 4-month report

Photo by Stephen Dawson on Unsplash

In a pervious post, I compare putting ETH into Lido’s staking pool and using Curve for yield farming. According to my calculation, staking ETH into Lido should yield 4.3% APR while providing liquidity in Curve should yield 7.01%.

I want to know if we can see those yield in the real world so I put in 10 ETH into each strategy.

It’s been almost 4 months. Let’s review the results.

The 2 accounts now show the following balance:

Account 1 (stETH)

Starting Balance   Current Balance    Current USD Value
10 ETH             10.13 stETH        $12,163.21

Account 2 (Curve)

Starting Balance   Current Balance   Current USD Value
5    ETH           2.74  ETH         $12,402.13
5.13 stETH         7.54  stETH
                   15.15 CRV
                   88.18 LDO

Now let’s look at the percentage yield of each account.

Account 1 (stETH)

USD Value per stETH = 1,200.71
Starting Balance    Current Balance
$12,007.11…