StakeWise V3 Migration Update
StakeWise V3 Migration Update
In just one week since the launch of StakeWise V3, over 47K staked ETH has migrated to V3. The $osETH - $ETH pool is now the 3rd largest pool on @Balancer with $40M of liquidity. There are currently 16 live Vaults with at least one validator. Next steps include focusing on more liquidity for $osETH and a Launch Party.
The migration to StakeWise V3 from the legacy StakeWise Pool is well underway 🌊 Over 7K staked ETH have been moved to StakeWise V3 already 🏎️💨 Here are 3 reasons why it pays to migrate early 🧵
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)
StakeWise Private Node Operators Vault Shows Remarkable Growth
StakeWise's Private Node Operators Vault has demonstrated significant growth in Total Value Locked (TVL): - April 26: 100 ETH - May 8: 13,500 ETH This represents a 135x increase in just 12 days, making it one of the fastest-growing staking pools on Ethereum. This follows StakeWise's overall growth trend, with their total protocol TVL reaching 326,336 ETH in April. [Track StakeWise metrics on Dune Analytics](https://dune.com/guru16tx/stakewise)
StakeWise Boosted osETH-ETH Pool Update
The new Boosted osETH-ETH pool on Balancer is delivering strong returns, with 80% of yields now in ETH following reduced SWISE emissions. Key features: - Automated deployment of spare ETH capacity to Aave for lending yields - Incentive mix: 75% osETH, 25% SWISE (BAL rewards coming soon) - Enhanced capital efficiency compared to legacy pool The pool transition began April 28th with new incentives structure. LPs can now migrate from the legacy pool to access these improved yields. [Pool Details](https://balancer.fi/pools/ethereum/v3/0x57c23c58b1d8c3292c15becf07c62c5c52457a42) [Migration Guide](https://stakewise.medium.com/oseth-liquidity-boosted-oseth-eth-pool-on-balancer-8633d63d39ec)
Balancer V3 Launches with Aave-Boosted Pool Integration
Balancer has launched its V3 protocol featuring a new Aave-boosted osETH-waWETH pool. The update introduces **Boosted Pools** that allow liquidity providers to earn yields from both AMM trading fees and lending markets simultaneously. Key features: - Buffer system enables efficient gas usage for regular swaps - Assets outside the Buffer earn additional yield through Aave and Yearn - Current USDC supply rates on Aave around 5%, with historical peaks of 15% The integration aims to maximize LP yields while maintaining trading efficiency for Ethereum users.
LSTs vs LRTs: The Competitive Staking Market Showdown
The staking market is heating up with a showdown between Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs). While both offer ways to participate in network security and earn rewards, the competition is not as clear-cut as it may seem. Key points: - LSTs allow users to stake assets while maintaining liquidity - LRTs enable restaking of tokens across multiple protocols - Each has unique advantages and potential risks StakeWise, a liquid staking protocol, will be participating in a panel discussion hosted by @stakingcircle this Friday, September 27th at 2pm CET. The event promises insights into: - Comparative analysis of LSTs and LRTs - Market opportunities and challenges - Potential outcomes in this competitive landscape Don't miss this opportunity to gain valuable insights into the evolving staking ecosystem.