bedrock.rockx.com Open in urlscan Pro
2606:4700:3031::ac43:ce92  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Build

Stake

Company



ETHEREUM LIQUID STAKING

Stake ETH to receive reward-accruing uniETH.

Learn more about uniETH

 
 
Available to stake
 
Staked amount
 
 
Claimable
 
 
Connect Wallet


STAKING STATISTICS

View on Etherscan
Expected APR4.02%
Exchange ratio1.0 ETH = 0.98057 uniETH
Staking pool fee10.0%
Validators6
Current reserve194.58096 ETH
Total ETH staked192.0 ETH
StakeUnstake




FREQUENTLY ASKED QUESTIONS

What is Proof of Stake?


Proof of Stake is the consensus protocol utilised in Ethereum 2.0 (ETH2). The
consensus protocol helps everyone to know what transactions have been processed
and in what order, which is known as validation.

ETH2 currently has a Proof of Stake (PoS) chain called the Beacon Chain, which
is faster, more energy efficient and more decentralised than the current
consensus protocol Ethereum is utilising (Proof of Work). Users deposit ETH and
provide an Ethereum node to perform the required validation. As a reward for
providing the node, the Beacon Chain gives node operators additional ETH on top
of their deposits. These rewards are minted in return for helping secure the
network.

What is liquid staking?


It is clear that PoS chains will be an integral part of the future of crypto,
and become the foundation layer of which DeFi and metaverses will be built on.

However, PoS comes with some drawbacks for those wanting to participate directly
as validators:

 * It requires technical know-how to set up and operate
 * 32ETH is a significant barrier for regular token holders to participate in
   POS validation
 * Staked tokens are locked up and become illiquid assets

In order to solve these issues, liquid staking protocols were born. Liquid
staking abstracts the depositing of tokens from running a validator node.

In exchange for their tokens, depositors receive a representative (uniETH) token
from the protocol which is a claim on the tokens they have staked.

What is uniETH?


uniETH represents the staked ETH plus all future staking rewards. uniETH does
not grow in quantity over time but instead, grows in value, i.e. 1 uniETH
becomes worth increasingly more than 1 ETH.

What should I stake with RockX instead of staking directly to ETH2?


RockX removes several drawbacks that exist with Proof of Stake on ETH2.

The Beacon Chain requires a minimum deposit of at least 32 ETH. RockX will allow
anyone to earn the reward on any amount of ETH deposited with us.

When depositing ETH on the Beacon Chain, users are required to have technical
knowledge of interacting with smart contracts. RockX handles all interaction
with the Beacon Chain in our users’ place. The Beacon Chain will also require
users who make deposits to be technically proficient at running Ethereum nodes
24/7, at the same time keeping that node online and secure. RockX provides this
service in our users’ place.

As ETH2 is being rolled out in several phases. We are currently in phase 1, the
merge, and depositing now means your deposit is locked until phase 2 arrives,
which could very well still be a long time away. With RockX you instantly get
uniETH when depositing and do not need to be locked with us. It can be traded,
sold or held at any time, which provides our users with liquidity on their
staked ETH.

What is the staking period for uniETH?


The staking period to redeem the underlying ETH on uniETH will only be confirmed
till ETH2 goes into phase 2. However, you will receive uniETH when you deposit
and it will still gain staking rewards over time in terms of the token value.
uniETH can also be sold and traded on various DEXs and CEXs if there is
liquidity available for the trade.

What is the minimum deposit?


RockX gives everyone the opportunity to earn rewards on any amount of ETH, as we
do not have a minimum. We do recommend a deposit of at least 0.01ETH to make
your transaction worthwhile. When you stake ETH, you will receive uniETH, which
gains rewards over time based on the performance of our nodes on the Beacon
Chain.

What is the maximum deposit?


There is no limit on the amount of ETH you can stake with RockX on ETH2. The
more ETH, the more rewards you will be receiving.


RECEIVE THE LATEST UPDATES AND PROMOTIONS

Get access to monthly development updates, exciting new projects, and much, much
more.

Subscribe now


PRODUCTS

Staking as a ServiceLiquid StakingAccess Node APISepolia Faucet


COMPANY

NewsContact UsPrivacy PolicyTerms of Use


RESOURCES

BlogCustomersResources


GET IN TOUCH

Contact us anytime to get support.

inquiry@rockx.com

--------------------------------------------------------------------------------

© 2023 RockX


Cookies help us deliver the best experience to you. By using our website, you
agree to the use of cookies.

OK