VRC). VRC registers a new validator entity on the Beacon Chain. Simultaneously, StakeWise Pool adds the new validator to its network. After progressing through the activation stage in the Beacon Chain, the newly created validator starts earning rewards for stakers in the StakeWise Pool. For every ETH earned as a reward by the Pool, StakeWise mints an equal amount of rETH2. It is accrued to the holders of sETH2 every 24 hours.
Activatingin the StakeWise Pool. The amount of
ActivatingETH can cause a temporary drag on the Pool's performance. Note that a deposit queue was previously in place to minimise the impact of large deposits into the Pool. This was removed in February 2022 to better facilitate protocol integrations with the staking pool.