Blockchain · 7 min read

Solo Staking vs Liquid Staking (LST)

**Solo staking** locks 32 ETH (on Ethereum) with operator duties and slashing risk. **Liquid staking** issues a receipt token—tradeable, usable in DeFi, with protocol fee and smart-contract risk.

Step by step

1. Net APR after fees

Solo: consensus rewards minus costs; LST: protocol fee + DeFi opportunity.

2. Liquidity need

LST wins if you may exit before lockup ends.

3. Counterparty

LST adds protocol risk; solo adds operational risk.

Solo vs LST

Most users use LST; solo for maximal decentralization and scale.

  • Solo: Highest principal; ops burden; slashing.
  • Liquid staking: Liquid; fee; smart-contract risk.

Common mistakes

  • Ignoring LST depeg risk in stress markets

FAQ

Is LST yield always lower?

Often slightly after protocol fee—but composable in DeFi.