stETH
tokens. The tokens are mapped 1 to 1 to ETH. stETH
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. stETH
tokens are minted on every pool deposit 1 to 1 to the deposited ETH amount. The amount of stETH
a staker holds will determine how much rwETH
they accrue. If the staker's rwETH
balance falls below 0, it gets deducted from the stETH
balance. Once the rwETH
balance is restored back to 0, the staker's stETH
balance will return to its initial value.StakedEthToken
contract is now 5 stETH
.StakedEthToken
contract is now 32 stETH
. The new validator is now running for the Pool.RewardEthToken
contract. The total supply in the StakedEthToken
remains 32 stETH
and the total supply of theRewardEthToken
is 1 rwETH
.RewardEthToken
contract. The total supply in the StakedEthToken
changes to 31 stETH
and the total supply of RewardEthToken
becomes 0 rwETH
.RewardEthToken
contract. The total supply in the StakedEthToken
changes to 32 stETH
and the total supply of RewardEthToken
becomes 3 rwETH
.