steinkirch.eth, phd 268af21205
Update Stakewise.md
2023-04-16 12:44:23 -07:00

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stakewise


tl; dr

  • Liquid ETH2 platform.
  • You don't need 32 ETH so anyone can benefit from the beacon chain.
  • Deposits into the staking pool are tokenised so users can participate in the wider ETH landscape.
  • q1/23 stats: inflow of 10k eth staked, market share to 1.18%, fees generated: $1.68m, $SWISEUSD +128%


tokenomics


  • Stakewise has a dual token system that pays rewards in separate token, rETH2, mapped to ETH earned in the Beacon chain.
  • The other token, sETH2. represents the ETH deposit and acts as an interest-bearinng wrapped ETH.
  • Holders of sETH2 tokens earn daily rETH2 rewards.
  • Stakewise has a flat fee of 10% on rewards earned by their pools.


resources