# How does Lido work?

**Published by:** [jason](https://paragraph.com/@jason-41/)
**Published on:** 2022-05-26
**URL:** https://paragraph.com/@jason-41/how-does-lido-work

## Content

When staking with Lido, users receive stETH tokens on a 1:1 basis representing their staked ETH. stETH balances can be used like regular ETH to earn yields and lending rewards, and are updated on a daily basis to reflect your ETH staking rewards. Note that there are no lock-ups or minimum deposits when staking with Lido. When using Lido, users receive secure staking rewards in real-time, allowing for participation in the securing of Ethereum without the associated risks and downside potential.

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