Cryptocurrency Q&A
What is StakeWise?
What is StakeWise?
JessicaMiller
Sat Nov 02 2024
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6 answers
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StakeWise is a liquid staking protocol supporting Ethereum and Gnosis. It allows users to stake their ETH through the StakeWise Pool, receiving sETH2 as a staking certificate and earning rewards in the form of rETH2. The protocol is run by StakeWise DAO, aiming to provide low-risk returns for ETH holders and enabling them to participate in DeFi with their staked assets.
6 answers
Raffaele
Mon Nov 04 2024
StakeWise operates within the decentralized finance (DeFi) sector.
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Alessandra
Mon Nov 04 2024
The protocol provides a unique liquid staking solution specifically for Ethereum (ETH).
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KatanaBlade
Mon Nov 04 2024
Users of StakeWise can stake their ETH holdings.
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SamuraiCourageous
Mon Nov 04 2024
In exchange for staking, users receive a liquid staked-ETH derivative.
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KatanaSharpened
Sun Nov 03 2024
This derivative retains the value of the staked ETH while offering additional flexibility.
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