Question 1

How to stake with StakeWise?

Accepted Answer

Simply go to the Stake page in the StakeWise decentralized application, enter the amount of ETH or GNO you wish to stake, and press the Stake button. With one-click staking, you will receive osETH or osGNO tokens in return to keep your stake liquid. Alternatively, you can browse available Vaults and choose one to your liking – each Vault page displays its staking fee, performance, and APY among other metrics. Advanced users can also create their own Vault to stake privately or offer staking services to others.

Question 2

How does StakeWise Boost work?

Accepted Answer

StakeWise Boost uses osETH as collateral to borrow ETH from Aave, stake it again on your behalf, mint additional osETH, and repeat the process multiple times. The end result is a significantly increased staking position, allowing users to earn the surplus between the extra staking rewards and the borrowing fee paid to Aave. To start, navigate to the Boost tab on the Stake page, or click the "+" button in the Boost section on any Vault page. StakeWise doesn't charge a fee for using the Boost

Question 3

Is StakeWise Boost safe to use?

Accepted Answer

StakeWise Boost is safe to use and was designed with security in mind. osETH and ETH are almost perfectly correlated, and Aave uses StakeWise’s native rate feed rather than DEX prices – so osETH depegs cannot trigger liquidation. Since staking rewards exceed borrowing costs on most days (~90% historically), your LTV typically decreases over time – making your position progressively safer. If your LTV ever reaches 94.5%, your position is automatically unboosted, with all funds returned to you. StakeWise recommends exiting Boost if APY remains negative for more than 7 days.

Question 4

What is the purpose of osTokens in the StakeWise ecosystem?

Accepted Answer

Short for Overcollateralized Staked Token, osTokens are liquid representations of the assets staked in StakeWise – osETH on Ethereum and osGNO on the Gnosis Chain. osTokens allow users to keep their stake liquid while earning staking rewards. As repricing tokens, their value increases over time as staking rewards accrue. osTokens can be converted to ETH or GNO to access your initial deposit and accumulated rewards.

Question 5

How does the redemption mechanism for osETH work?

Accepted Answer

osETH can be exchanged for ETH at its fair exchange rate. If there is enough unbound ETH in the protocol, the exchange is instantaneous; otherwise, validators will be exited to provide the ETH needed for a full redemption, with processing time dependent on network conditions.

Question 6

What is StakeWise, and what does it offer to users?

Accepted Answer

StakeWise is a permissionless and non-custodial liquid staking protocol that allows users to stake any amount of ETH or GNO. Users can choose how they stake: one-click staking for simplicity, selecting a Vault based on their preferences, or creating their own Vault with custom fees and configurations to stake privately or offer staking services to others. osTokens provide instant liquidity and can be used in DeFi or to boost yield — issued automatically with one-click staking, or optionally minted when staking with Vaults.

Question 7

What are the advantages of staking on StakeWise?

Accepted Answer

StakeWise makes it easy to earn rewards on your ETH or GNO while keeping your assets safe. The protocol serves a diverse range of clients – from individual stakers to DAOs, professional node operators, and institutions. StakeWise Vaults already handle billions of US dollars worth of staked assets, powering solutions from MetaMask, Chorus One, Blockchain.com, Ledger Live, and others. StakeWise has been operating since 2021 and has invested approximately $1 million in security audits since its inception.

Brücke