Key Protocol Metrics (Jan 16-23)
- Total Value Locked (TVL) increased 8% to 143,865 ETH ($472.2M)
- osETH supply grew 20% to 54,017 ($182.7M)
- Treasury maintains 811 ETH ($2.7M)
The protocol shows steady growth in core metrics, with notable expansion in osETH supply over the week-long period. TVL growth indicates increasing user adoption and protocol stability.
Track these metrics weekly for protocol performance insights.
TVL: 133,270 ETH ($443M) osETH supply: 44,674 ($152M) Treasury balance: 811 ETH ($2.7M) Let's run these numbers up turbo 馃殌
StakeWise Launches Vaults v4.0 with MetaVaults and Enhanced Staking Features
StakeWise has released **Vaults v4.0**, introducing significant improvements to their Ethereum staking platform. **Key Features:** - **0x02 validators** for faster withdrawals and higher rewards - **MetaVaults** - distribute stake across up to 50 sub-Vaults in custom proportions - Enhanced customization options for vault management - Improved contract efficiency with rigorous security audits The upgrade leverages Ethereum's fast lane EL withdrawals and increased validator maxEB to deliver **shorter withdrawal times** and **better staking rewards**. MetaVaults enable sophisticated stake allocation across 100+ operators, offering flexible management for complex staking setups. New customization features allow users to change vault admins, edit fees, and assign separate wallets for different roles - addressing commercial and operational needs. All contracts have been audited by ABDK Consulting for security assurance. [Read the full release article](https://stakewise.medium.com/vaults-v4-0-optional-upgrade-now-available-23a41a37afbd)
Record-Breaking Deposit Made to StakeWise Protocol

A new milestone has been reached in the StakeWise protocol with the largest single deposit ever recorded. This follows significant activity in September 2023, when unusual withdrawals totaling $13.7M ($3.9M in USDT and $9.8M in ETH) were made to a previously inactive account. - New record deposit marks growing confidence in liquid staking - Previous notable activity: $13.7M withdrawal in September 2023 - Pattern suggests increasing institutional interest in protocol *This development indicates evolving dynamics in the liquid staking sector.*
StakeWise DAO Monthly Budget Update and Migration Vote
StakeWise DAO has confirmed a monthly operational budget of approximately 35 osETH ($170,000). This announcement comes alongside a significant governance vote for an Incentivized Migration Request involving ~15,000 ETH. The migration proposal aims to: - Compensate a major node operator for transferring 459 validators to StakeWise Vaults - Provide vested SWISE tokens as additional incentive - Facilitate protocol growth through validator consolidation Community members holding SWISE tokens can participate in the vote at [StakeWise Governance](https://vote.stakewise.io/#/proposal/0x9bb996c0acc884225d8de827a443b71d8da317daa554dc5d8567f5b38ab8ae26)
Ethereum's Institutional Growth Balanced with Core Mission

While institutional adoption of Ethereum continues to grow, the community emphasizes maintaining focus on the network's fundamental vision: - Building a **decentralized system** resistant to corporate control - Developing **trustless infrastructure** for finance, AI, and internet - Ensuring the network remains **incorruptible and open** The increasing institutional interest, while positive, should not overshadow Ethereum's core mission of creating unstoppable, decentralized infrastructure. Staking plays a crucial role in maintaining this vision. *The work continues as the ecosystem balances growth with decentralization principles.*
StakeWise Node Operators Vault Reaches 25K ETH Milestone

The StakeWise Node Operators Vault has accumulated over 25,000 staked ETH within weeks of launch. SWISE token holders are now voting on a proposal to enable 100% LTV (Loan-to-Value) minting of osETH from the Vault. Key points: - Proposal aims to accelerate vault growth - Follows successful migration of 459 validators - Previous migration request handled ~15,000 ETH **Vote Links:** - [Forum Proposal](https://forum.stakewise.io/t/swip-32-allow-100-oseth-minting-in-the-nodeset-private-vault-on-ethereum/1905) - [Snapshot Vote](https://v1.snapshot.box/#/stakewise.eth/proposal/0x2382a6cbb479ae1dedc96998e9af9e408a6fe681bc2f392174b5ee19c7d45b14)