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How to Start Earning With stETH Collateralized Loans on Bybit

Intermediate
Bybit Guide
Jun 29, 2023
8 min read
0

As a holder of ETH, you may want to stake your ETH to earn rewards for validation transactions. However, staking your ETH also means locking it up for an indefinite period, limiting your liquidity and flexibility. Fortunately, Bybit crypto loans are one of the few leaders in the crypto market offering an income-generating solution through stETH collateralized loans.

stETH is a tokenized version of ETH that represents your stake in the Ethereum 2.0 network with Lido, a decentralized staking protocol. If you're interested in earning higher yields and passive income with stETH holdings, you need a provider that accepts stETH as collateral. 

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