Introduction

Through Lido, users can stake ETH and receive stETH that can be used for passive income.

stETH receivers can sell their stETHs when its price goes up or hold them and take profit form using them in liquidity pools, lending platforms, strategies/aggregators and derivations.

This dashboard attempts to sheds some lights on the question that stETH holders always face with: HODL or sell?

Analysis

The graph below shows how ETH price has been changed over time.

Based on the abovementioned definitions and graph below the two timeframe has been chosen:

high loss: between '2021-10-29' and '2021-11-19'

high profit: between '2020-12-09' and '2020-12-28'

Results

High profit period

In this period:

278 wallets have done staking action with LIDO.

The price of ETH at the time of those staking: 560 Today's price 1500 Average possible profit 168% The data shows that 97,8% of staking actions has been held.

High loss period

In this period:

3781 wallets have done staking action with LIDO. The price of ETH at the time of those staking: 4465,68 Today's price 1500 Average possible loss 66.0% The data shows that 78,3% of staking actions has been held.

Conclusion

Interestingly, the data shows that majority of ETH stakers with LIDO, hold their stETH.

In possible loss time frame, more stakers sold than the possible profit time frame.