---
updatedAt: 2026-10-14T04:24:18.000Z
agentTools:
  projectIndex: https://docs.mavan.bitminetech.io/llms.txt
---

# Liquid Collective (LsETH) Liquid Staking

Stake your ETH and receive LsETH tokens in return

<br />

# Wallet verification

Before staking, accept the Liquid Collective Terms of Use when prompted, then verify ownership of the connected wallet and add it to the LsETH allowlist.

You can verify as many wallets as you need. The UI shows activity history and pending redemptions across all your verified wallets.

<Image align="center" caption="MAVAN LsETH wallet before whitelisting (testnet example)" src="https://files.readme.io/5b72320cb77562a93ef676f7951d32a6bf8db89089efd62088cc91f089e5ae22-mavan-lseth-wallet-unverified.jpg" />

Click `Add to whitelist` to sign an ownership-verification message generated by our API. The UI sends your signature to our backend and requests that your wallet be added to the LsETH allowlist. Wait until the wallet is whitelisted before depositing.

# Depositing ETH / minting LsETH

Enter the amount of ETH to stake and review the LsETH amount you will receive. Read about the [ETH/LsETH conversion rate](https://docs.liquidcollective.io/eth/tokenomics/lseth#conversion-rate).

<Image align="center" caption="Depositing 100 ETH" src="https://files.readme.io/d78dd9bb376e67871ccf95948bdec78dbf1b97ab54373fee2157bdb4131a57df-image.png" />

The deposit transaction mints LsETH to your address. Your LsETH balance appears immediately in the UI and on block explorers.

# Redeeming ETH / burning LsETH

To redeem your underlying ETH, enter the amount of LsETH to burn. The UI shows the ETH amount based on the current conversion rate.

<Image align="center" caption="Burning 100 LsETH" src="https://files.readme.io/409df4599bc311bf47b1a0a5df6b882cc69ee01f00942f4dc9be05ce297b1528-image.png" />

Once you confirm the transaction, your LsETH is immediately burned and your request joins the end of the redemption queue. The queue length, shown in ETH, is the amount of underlying ETH that other LsETH users are waiting to redeem.

Read more about the redemption process in the [Liquid Collective docs](https://docs.liquidcollective.io/eth/tokenomics/redemptions#three-stage-redemption-process).

<Image align="center" caption="List of redemption requests with various statuses" src="https://files.readme.io/52c0b135bfe12a6a38ebed8d62ed04e763c1f6fda7cc6c6e16e3e725a60ebc0c-image.png" />

The panel shows redemptions across all your verified wallets. Claim each redemption from this panel using the wallet that requested it.

# Activity history

The activity history at the bottom of the page includes all your verified wallets.

<Image align="center" caption="Activity History List" src="https://files.readme.io/39366d2b2ca6351c5c6b704652866e5ccd3a616aca23b09b0ab6825ae2ed3d32-image.png" />