Staking og avkastning
Liquid staking explained
Liquid staking gives you a tradable claim on your staked coins so capital is not locked. Convenient — but you swap protocol risk for a stack of additional risks.
How the mechanism works
You deposit ether into a contract that spreads your stake across a set of validators. In return you get a token: either a rebasing token whose balance grows, or a token whose exchange rate against ether rises.
You can trade that token, use it as collateral or deploy it in DeFi. The underlying stake keeps validating.
Why the price can deviate
The token is not ether. If exits take days and many holders sell at once, a discount appears on the secondary market. Deviations of a few percent have occurred during stress.
As long as the protocol is healthy, the price converges back towards intrinsic value at the next exit window.
The risks you buy
Smart contract risk: one bug hits every participant at once. Governance risk: who can change parameters or operators? Concentration risk: when one protocol controls a large share of all stake, that becomes a systemic risk for the network itself.
Used in DeFi, leverage risk stacks on top: borrowing against a token that can itself deviate is a classic liquidation trap.
- A contract bug hits everyone simultaneously
- Depeg during market stress
- Governance can change operators and fees
- Leverage on LSTs amplifies losses
Kalkulator for stakingavkastning
Regn ut hva staking gir netto etter provisjon, renters rente og nettverksinflasjon.
Inndata
Resultat
Netto APR (etter provisjon)
4,50 %
Netto APY (renters rente)
4,60 %
Reell avkastning (etter inflasjon)
2,55 %
Belønning år 1
46,025 mynter
Snitt per dag (år 1)
0,1261 mynter
Sluttsaldo
1 144,5273 mynter
Verdi ved uendret kurs
1 144,53 €
Vekst i innsatsen
Risiko
Staking er ingen sparekonto. Slashing, nedetid hos validatoren, unbonding-tid, feil i smartkontrakter ved liquid staking og kursfall kan redusere beholdningen. Høy APR kompenserer ofte høy inflasjon eller høy risiko. Dette er ikke investeringsråd.
Avrunding og forutsetninger
Vi regner med konstant APR, uendret kurs og like perioder. APY = (1 + netto APR / n)^n − 1. Reell avkastning er (1 + APY) / (1 + inflasjon) − 1. Tall vises avrundet til fire desimaler (mynt) og to (valuta), mens beregningen er uavrundet. Skatt og gebyrer er ikke inkludert.
APY = (1 + APR/n)^n − 1
Ofte stilte spørsmål
Do I earn the same with an LST as solo staking?
No, slightly less: the protocol keeps a commission, usually around 10 percent of rewards, sometimes split between operators and a treasury.
Is an LST safer than exchange staking?
Different, not necessarily safer. You replace counterparty risk with smart contract and governance risk. Judge audits, track record and the size of the operator set.
Les videre
What is staking?
Staking explained without marketing language: what you actually do, who pays you, why there is a yield and which returns are realistic.
Restaking explained
What restaking is, which problem it solves for new services and why researchers and regulators are cautious about it.
Choosing a staking platform
What to check on commission, licensing, custody, exit terms and transparency — with a concrete checklist.