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What is the difference between staking and delegating my Lido ETH?

Staking and delegating Lido ETH are two different ways of participating in the Lido Staked Ether project.

Staking is the process of locking up your ETH in a smart contract to earn rewards. When you stake your ETH, you are committing to holding it for a certain period of time and will receive rewards for doing so. You will also be able to vote on proposals that affect the project.

Delegating is the process of allowing someone else to stake your ETH on your behalf. This means that you can still earn rewards from staking without having to lock up your ETH yourself. The person who is delegated your ETH will be responsible for voting on proposals and managing the staked ETH, but you will still receive rewards from it.

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