Stader - ETHx
  • Introduction
    • Explore ETHx
    • ETHx Tech blogs
    • ETHx Governance
  • Launch Incentives
    • ETHx Stakers
    • ETHx Node Operators
      • ETHx Boosted Commission
      • 13000 $SD top-up pool
      • $65000 Reward pool for AVADO user
  • ETHx Staking
    • Guides
    • FAQs
  • Node Operator
    • Staking on Ethereum
      • What is Ethereum staking?
      • ETH staking rewards and penalties
      • Solo-staking vs ETHx
    • Permissionless node operator
      • Responsibilities of a node operator
      • Pre-requisite
      • Node registration and adding validators
        • Step 1: Hardware and platform
          • DIY kit
          • Cloud services
          • VPS services
          • AVADO
          • Allnodes
        • Step 2: Download Stader node
        • Step 3: Install Stader node
        • Step 4: Configure Stader services
          • Step 4.1 Network selection
          • Step 4.2 ETH client configuration
          • Step 4.3 ETH1 - Execution client selection
          • Step 4.4 ETH2 - Consensus client selection
          • Step 4.5 Add a graffiti
          • Step 4.6 Add checkpoint URL
          • Step 4.7 Enable Doppelganger protection
          • Step 4.8 Add fallback clients
          • Step 4.9 Enable monitoring
          • Step 4.10 MEV Boost
          • Confirmation and configuration settings
        • Step 5: Execution and Consensus client sync
        • Step 6: Wallet setup
        • Step 7: Register your node on the Stader network
        • Step 8: Deposit SD collateral
        • Step 9: Deposit ETH bond
        • Validator States
      • ETHx rewards for permissionless node operators
        • Socializing Pool
        • SD rewards
        • Claim CL rewards
        • Claim EL and SD rewards
      • Node Monitoring
      • Node Migration
      • Validator exits and node termination
      • Latest update
      • CLI Command sheet
    • Permissioned node operator
      • Pre-requisite for permissioned node operators
      • Web3Signer setup guide
      • Node registration and adding validators
        • Step 1: Download Stader node
        • Step 2: Install Stader node
        • Step 3: Configure and start Stader services
        • Step 4: Wallet setup
        • Step 5: Set the fee recipient of your validator client to Stader socializing pool
        • Step 6: Check Docker and node status
        • Step 7: Operator address whitelisting
        • Step 8: Register you node on the Stader network
        • Step 9: Add validators to your node
        • Step 10: Check your node and validator status
      • ETHx rewards for permissioned node operators
        • Claim CL rewards
        • Claim EL rewards
      • Node Migration
      • Latest update
    • FAQs
  • Smart Contracts
  • Oracles
  • ETHx Security
    • Immunefi Bug Bounty
    • Audit Reports
    • Public Repositories
  • ETHx Integration
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ETHx Staking

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Last updated 1 year ago

ETHx allows users to benefit from Ethereum staking while maintaining liquidity for their assets. Here's a simple explanation of how it works:

1. Deposit and Token Issuance:

When a user deposits Ethereum into the ETHx staking contracts, the protocol issues an equivalent number of ETHx tokens back to the user. These tokens act as a liquid representation of the user's staked Ethereum, allowing them to maintain control over their assets without sacrificing potential staking rewards.

2. Multi-Pool Architecture:

Once deposited, the user's Ethereum is managed by the Stader staking manager, which leverages a multi-pool architecture. The staked Ethereum is split between Permissionless and Permissioned node operator pools. This setup not only ensures scalability and decentralization but also optimizes the return potential for the staked assets.

3. Node Network and Reward Generation:

The Ethereum from the pools is then allocated to the ETHx Node Network, a decentralized group of Ethereum nodes that interact with the protocol's staking contracts. These nodes perform critical validation tasks for the Ethereum Beacon Chain. The tasks performed by these nodes generates staking rewards.

4. Accrued Rewards and Value Growth:

As the nodes generate rewards, these are accumulated and lead to an increase in the exchange rate of ETHx relative to Ethereum. This growth mechanism ensures that ETHx tokens increase in value over time, reflecting the staking rewards earned from the Ethereum staked.

So, in essence, ETHx provides a flexible, scalable, and profitable solution for Ethereum staking, allowing users to earn rewards and participate in the DeFi ecosystem without locking up their assets.