Stakewise

EigenLayer restaking returns for a limited time from Jan 29th to Feb 2nd. StakeWise users can deposit $osETH into EigenLayer to earn $ETH staking rewards and restaked points. Instructions for restaking can be found in the blog post.

The $osETH / wETH pool on AuraFinance has reached a total value locked (TVL) of $12M in just 3 weeks since its launch. It is currently the 4th largest pool and has the potential to climb to 2nd place. Stakewise encourages ETH stakers to explore this pool for more rewards and provides a detailed guide and risk discussion on their blogpost.

Stakewise has announced that they will be using the $osETH price feed developed by RedStone to integrate their LST into lending protocols and more. This integration will help accelerate the pace at which new LSTs can be implemented in lending protocols. Stakewise expresses gratitude for their partnership with RedStone on this journey.

StakeWise Labs is offering an opportunity for a Marketing Manager to join their growing team. Interested candidates can apply through the provided link.

The Stakewise community has announced a new update that includes a rewards chart in every Vault interface. This chart allows users to track their earnings journey since day one and stay informed about their gains.

Starting on December 18th, users can restake $osETH in EigenLayer to access early restaking opportunities and earn Restaked Points. Restaking can be done from any Vault on StakeWise, allowing users to earn ETH network rewards and accumulate Restaked Points. Users can choose from a variety of Vaults based on criteria such as decentralization, yield, Ethereum alignment, MEV, and performance. Unstaking ETH is flexible and can be done from both EigenLayer and StakeWise Vaults. Restaking caps on EigenLayer can be filled quickly, so users are advised to act fast and secure their spot.

Eigenlayer will be adding $osETH on December 18th. Users can deposit a maximum of 200K ETH worth of $osETH, with a total cap of 500K ETH across all LSTs. More information and guides on using Eigenlayer will be released soon.

Stakewise has launched a new osETH farm on Curve Finance, allowing users to earn ETH rewards from both protocols, trading fees, and SWISE incentives. Users can become LPs in the osETH-rETH pool by depositing rETH and osETH in a 1:1.09 ratio. Curve LP tokens must be staked to receive SWISE rewards. To claim accumulated SWISE rewards, users can navigate to the Curve app's Withdraw/Claim tab. Trading fees and staking yield are automatically captured by the LP position.

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.

Liquidity providers in the sETH2/ETH pool on Uniswap V3 are advised to pull liquidity due to a slight discount in the price of sETH2. This discount has led to mass-buying by arbitrageurs, resulting in a loss of 0.2-0.5% of the stake for LPs when someone buys sETH2 on Uniswap.