What is StakeWise?
Operating across Ethereum and Gnosis Chain, StakeWise offers three ways to stake, each suited to a different type of staker:
Vault Staking: For stakers who want control, choose a specific Vault from a marketplace of Vaults ↗ with its own fees, MEV strategy, and performance. Most Vaults have osToken minting available.
Simple Staking: For stakers who want to start earning right away without picking a Vault, deposit ETH/GNO through the app in a few clicks. osToken is issued automatically.
Run Own Vault: For individuals and organizations that want full control over their Vault setup to stake for themselves or offer staking to others and earn fees.
Architecture
Behind these staking options, StakeWise is made up of three parts that work together: Vaults, osToken, and Oracles.
Vaults: Where Staking Happens
A Vault is a staking pool. Stakers deposit ETH or GNO into it, and the Vault stakes those funds and collects the rewards. Anyone can open a Vault and set its own rules, such as fees and how it is run, and anyone can stake into one. Each Vault stands on its own, so a problem in one Vault never affects the others.
Deep Dive
Learn more about Vaults
osToken: Liquidity While Staking
Staked funds are normally locked and can't be used for anything else. osToken removes that limit. While staking in a Vault, stakers can mint osToken, a token that represents their stake and keeps earning rewards, but can still be traded or used across DeFi. It comes as osETH on Ethereum and osGNO on Gnosis Chain.
Deep Dive
Learn more about osToken
Oracles: Keeping Everything in Sync
StakeWise's smart contracts run on Ethereum, but they need up-to-date information about what is happening on the network, like how much reward each Vault has earned. Oracles are a decentralized network that provides this information. They track staking activity, update rewards, and keep osToken's value accurate, without any single party being in control.
Deep Dive
Learn more about Oracles
Governance
StakeWise is governed by its community through the SWISE token. Holders shape the protocol, from fees to contract upgrades, by voting on StakeWise Improvement Proposals (SWIPs). See how it works in the Voting Process, or explore the full Governance section.