Blockchain · 7 min read

ETH LST vs Native Solo Stake

**Solo staking** needs 32 ETH and operator skill but avoids middleman smart-contract risk. **Liquid staking tokens** (stETH, rETH) stay tradable and pool deposits—fees and depeg risk apply.

Step by step

1. Compare net APR

Subtract protocol fee from headline staking yield.

2. Liquidity needs

LST wins if you may sell before withdrawal queue clears.

3. Tax treatment

Rewards and LST swaps may differ—ask CPA.

LST vs solo stake

Most holders use LST or centralized staking—not home validators.

  • Liquid staking: Composable; fee; smart-contract + depeg risk.
  • Solo 32 ETH: Direct consensus rewards; illiquid; ops burden.

Common mistakes

  • Chasing highest APR LST without audit history
  • Ignoring withdrawal queue delays

FAQ

Can LST lose peg?

Yes—in stress events stETH and others can trade below ETH.