Atomicwallet ETH Staking and stETH
Atomic Wallet provides ETH staking through Lido and returns stETH, a transferable token representing the staking position and rewards. The app is non-custodial, while returning the position to spendable ETH depends on a market swap or a separate Lido protocol withdrawal.
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The Position Behind stETH
Ethereum validators process transactions and add blocks, earning rewards for that work. Lido represents the staking position with stETH, which can change hands while the underlying ETH remains staked. Sending stETH transfers the token and its represented position; obtaining ETH requires a separate swap or protocol withdrawal.
Rewards in the Token Balance
stETH reflects staking results through balance adjustments, a mechanism called rebasing. Atomic Wallet’s How do I stake ETH? , updated March 26, 2024, describes automatic daily reward additions without a manual claim. Those additions affect the stETH holding; they do not create a separate spendable ETH payout.
Reward amounts depend on network conditions, validator performance and applicable fees. An annualized yield describes potential token returns under its assumptions. The token balance can grow while its monetary value falls.
Ethereum Gas and Lido’s Reward Fee
Ethereum gas pays for staking-related transactions and requires available ETH. Atomic Wallet’s March 26, 2024 ETH instructions describe a reserve equal to two estimated network fees, excluded from the amount available to stake. The reserved ETH remains transferable and swappable. Sending it away or a change in gas prices can leave less available ETH than a later action needs.
The same guide lists a 10% Lido fee deducted automatically from staking rewards and no additional Atomic Wallet transaction fee for the described route. The 10% applies to the rewards earned. Ethereum gas is a separate cost. A displayed yield already accounting for the protocol fee should not have that fee deducted again.
Net Rewards After Lido’s Fee
Hypothetical gross staking rewards are 0.0065 ETH. Assuming the 10% reward fee documented in the March 26, 2024 guide applies, Lido’s portion is
0.0065 * 0.10 = 0.00065 ETH
. Net rewards are
0.0065 - 0.00065 = 0.00585 ETH
, represented in the stETH position before transaction costs.
The retained reward changes proportionally with the gross reward while the 10% fee applies. A later sale of stETH uses its own exchange quote, so this reward calculation does not establish the amount of ETH a sale will return.
Swapping stETH or Redeeming ETH
Atomic Wallet’s ETH instructions, updated March 26, 2024, describe exiting through an in-wallet stETH-to-ETH swap. A sale uses the offered exchange rate and available liquidity, so stETH can return less ETH than the underlying value it represents.
Lido protocol redemption follows a separate withdrawal process. Atomic Wallet’s How to Stake Crypto: A Step-by-Step Guide for Beginners , updated October 8, 2026, distinguishes protocol redemption from selling a liquid staking token. Requesting a withdrawal locks the submitted stETH in Lido’s queue, where it earns no further rewards and remains exposed to staking losses. Queue demand, available ETH and validator exits affect the wait; once the request is finalized, the request owner must claim the ETH.
Wallet and Protocol Risks
Atomic Wallet’s non-custodial design concerns control of wallet credentials. ETH staking through Lido also depends on smart contracts and validators. Contract exploits or staking penalties can cause losses, and compromised keys can put the stETH holding at risk.
