Introducing ENS Shortcuts ⚡️
Lido 🤝 Curve Tutorial
Send ETH to human readable addresses to bridge or earn, directly from your wallet.
Visit https://ens.defrag.fi to view all available shortcuts. In this tutorial we will go over a shortcut which helps you stake ETH on Lido & Curve in one transaction.
How it works:
Simply deposit ETH directly from your wallet to stake.onLido.eth or 0xe3c2068C3920d9703c2963661004eA2D41ce8f8E.
What happens in the background:
Your ETH is staked on Lido to get stETH.
After, your stETH is pooled on Curve to get steCRV LP.
Here’s a sample transaction: https://etherscan.io/tx/0xeee60c7e061ca9081493ded67ec89a27f724d1de2c93e647967ac8288665aca2
Net APY on your ETH deposit: 6-7%
Why use this?
Save time.
Instead of having to process multiple transactions and navigating through endless UIs, send ETH and you’re done!
Save gas.
Interacting with ENS Shortcuts eliminates the need to process approvals and multiple txs, cutting up to 40% of your net gas costs compared to doing it yourself manually.
Stay safe.
Avoid phishing sites by never having to visit any websites to get into DeFi. Just send ETH to human readable addresses directly from your wallet.
Traditional Method VS ENS Shortcuts
Visit Lido Finance. 1. Send ETH to onlido.eth
Deposit ETH → Receive stETH.
Visit Curve Finance.
Select the stETH pool.
Approve Contracts.
Deposit & Stake stETH.
What happens after I send my ETH?
Your wallet will receive steCRV LP tokens and you’re able to view your details on: