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StakedEthToken
StakeWise StakedEthToken smart contract details.
The StakedEthToken is an ERC-20 contract. It reflects the deposits made by the stakers in the form of
psETH tokens. The tokens are mapped 1 to 1 to ETH. The total supply of
psETH is the sum of all the StakeWise Pool's validators' effective balances, plus an additional amount of up to (32 ETH - 1 Wei) ETH awaiting inclusion into a new validator. Interactions with the StakedEthToken contract are limited only to the addresses included in the WhiteListManager contract.
The
psETH tokens are minted on every pool deposit 1 to 1 to the deposited ETH amount. The amount of psETH a staker holds will determine how much prETH they accrue. - 1.The deposit of 5 ETH is added to the StakeWise Permissioned Pool. The total supply of StakedEthToken contract is now 5
psETH. - 2.The deposit of 28 ETH is added to the StakeWise Pool. The total supply of
StakedEthTokencontract is now 32psETH. The new validator is now running for the Permissioned Pool. - 3.The validator's balance has changed from 32 ETH to 33 ETH. The Oracles contract submits a total reward of 1 ETH to the RewardEthToken contract. The total supply in the StakedEthToken contract remains 32
psETHand the total supply of the RewardEthToken contract is 1prETH.
Last modified 1yr ago