Utilize Your ETH on Anchor Protocol? | A Brief Overview of stETH and bETH on Lido Finance

Channel:
Canada TWT
Subscribers:
9,300
Published on ● Video Link: https://www.youtube.com/watch?v=rOGRo9B0Iy0


Duration: 9:48
6,562 views
178

It looks like Anchor has partnered with Lido to bring bETH as a collateral option to the protocol. In this video, I'm giving a brief overview of how it's going to work if the proposal passes. Enjoy!

Utilize Your ETH on Anchor Protocol? | A Brief Overview of stETH and bETH on Lido Finance

Stake ETH to get stETH:
https://stake.lido.fi/?ref=0x93BC41E90A56A2B69Db6f1A4b39b0a90B260a2d3

Lock stETH to get bETH:
https://anchor.lido.fi/

Medium Post Explaining Further:
https://medium.com/anchor-protocol/anchor-protocol-lido-partner-to-launch-beth-704c1d96cd60

0:00 Intro
0:45 What is bETH?
1:48 Good for the protocol
3:31 How to get stETH
4:57 How to get bETH
7:29 Governance proposal
9:02 Outro

Follow me on Twitter: https://twitter.com/Caleb_TWT_

Stake your ETH on Lido finance to get ETH 2.0 staking rewards without a lock period: https://stake.lido.fi/?ref=0x93BC41E90A56A2B69Db6f1A4b39b0a90B260a2d3

Sign up for Shakepay and get $10: https://shakepay.me/r/OVW30LA

Check out Anchor Protocol: https://anchorprotocol.com/

Support for the Channel | Tip Address: terra1ry9pqath46ssvqdvsujm9d6c7yh20kleemrkfe



Other Videos By TWT


2021-09-19How Will Columbus-5 Affect Anchor Protocol? Anchor LP and Spectrum Updates #anchor365 Ep. 10
2021-09-15Spectrum Protocol: Yield Optimizer for Anchor Protocol, Mirror Protocol and more!
2021-09-12How to Earn 95% on your Anchor Tokens | Liquidity Pools, Impermanent Loss and more! #anchor365 Ep. 9
2021-09-08Nami Wallet: How to Set Up and Send cNFTs to the Nami Wallet
2021-09-02Loop Finance: Multi Chain DEX Built on Terra + Earn Free Tokens by Joining the Community
2021-08-29Can You Actually Retire With Crypto? Earning Passive Income With Anchor Protocol #anchor365 Ep. 8
2021-08-25New UST Depegging Insurance for Anchor, Upcoming Cardano Projects, CNFTs and More
2021-08-23LoTerra Intro: Decentralized Lottery, Upcoming Projects, Scooby DAO, Altered Protocol and More!
2021-08-22Protect Your Collateral on Anchor! Anchor Borrowing LTV Telegram Bot + bETH Updates #anchor365 Ep. 7
2021-08-13(Still) Getting Paid to Borrow!? How to Utilize stETH and bETH on Anchor Protocol #anchor365 Ep. 6
2021-08-04Utilize Your ETH on Anchor Protocol? | A Brief Overview of stETH and bETH on Lido Finance
2021-07-31Current Anchor Protocol Insurance Options + Claim all your Airdrops in One Click? #anchor365 Ep. 5
2021-07-27How to Claim Terra Airdrops | Setting Up your Terra Station Wallet
2021-07-24Is Anchor Safe? Starting to Earn Interest + Anchor Governance Staking and 60% LTV #anchor365 Ep. 4
2021-07-05Watch Your Net Worth Compound Quickly! A Spreadsheet to Help Track Your Interest #anchor365 Ep. 3
2021-06-26Get Paid to Borrow on Anchor Protocol? How I'm Generating 180%+ with DeFi #anchor365 Ep. 2
2021-06-20The #anchor365 Challenge | A High Interest Savings Account Built on Anchor Protocol #anchor365 Ep. 1


Tags:
anchorprotocol
anchor365
defiprotocols
20%apy
yieldfarming
defi yield farming
yield farming defi
passive income
defi
the wealth tip
anchor protocol borrow
ANC governance
defi borrowing strategy
anchor protocol liquidation
anchor ltv ratio
how to stake anchor
how to stake anchor protocol
bETH
bETH on Anchor
Lido Finance
stETH