Temporary deposit caps lifted for @eigenlayer on @stakewise_io
Temporary deposit caps lifted for @eigenlayer on @stakewise_io
The deposit caps for @eigenlayer have been temporarily lifted on @stakewise_io. Users can now participate in the Early Bird SSV Vault by @BlockscapeLab using osETH for the deposit.
It's on — @eigenlayer deposit caps are now temporarily lifted. Catch @BlockscapeLab's lab Early Bird SSV Vault on @stakewise_io, utilizing osETH for the deposit 👇
🚨PSA: Deposits should be open in about 5 minutes! Here is a quick rundown of the steps: 1. Check if gas fees are ok before aping, thx to @blocknative: blocknative.com/gas-estimator 1. Stake&Mint $osETH: app.stakewise.io/vault/0xb46dba… 3. Deposit $osETH on @eigenlayer: app.eigenlayer.xyz/token/osETH
Hey Anon, @stakewise_io continues to ship #DeFi integrations and @eigenlayer caps are opening soon™️. What are you waiting for? Get some fresh $osETH ✅
Unlock higher yields with leveraged staking 🏗️⚡️ Starting today, you can deposit $osETH on Morpho Blue to borrow $ETH at attractive rates 💵 Restake it for more ETH rewards, use it in EigenLayer, lend it - you are in charge 🤝 Powered by @MorphoLabs and curated by @Re7Capital
Are you ready for the @EigenLayer floodgates opening on Monday? Mint some $osETH from the Blockshard Pioneers Vault on @stakewise_io and join the action.
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)
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)