OPUS Pool, powered by Stakewise v3, enables you to stake any amount of ETH with Chorus One, mint osETH, and directly deposit supported Liquid Restaking Tokens (LSTs) into EigenLayer and Symbiotic in one seamless flow.
We have expanded the possibilities of ETH staking by extending our MEV optimization strategies beyond a select group of customers to encompass all ETH stakers.
We hold decentralization as a core value, and through our partnership with Stakewise, we take immense pride in making our enterprise staking infrastructure available to everyone - all without any minimum requirements to stake ETH.
OPUS Pool facilitates greater participation in securing the Ethereum network and also allows a wider range of Chorus One stakers to earn rewards and gain access to a suite of benefits, including top-tier MEV yields, low fees, and the assurance of enterprise-grade security, among others.
A brief introduction to Stakewise v3
Stakewise v3, introduced by the Stakewise DAO in 2022, addresses the challenge of stake centralization on Ethereum.
The traditional complexity of setting up validators, including a 32 ETH minimum requirement, technical demands, and the risk of financial penalties, has led to a decline in individual ETH staking.
Stakewise v3 combats this by enhancing its liquid staking solution with mini staking pools called "Vaults."
These Vaults make it possible for anyone to set up and run ETH nodes, mint osETH, accept delegations, or delegate ETH across multiple nodes in ambition to promote decentralization and mitigate network concentration.
Vaults are completely customized by their operators, according to the configurations of their choice, fostering a diverse marketplace of ETH staking solutions.
By staking your ETH with OPUS pool, you can stake amounts of ETH that are not divisible by 32. For example, to run your own ETH validator, you would normally need 32 ETH.
However, if for example have 12 ETH or 46 ETH, you can stake all of it via OPUS Pool.
OPUS Pool democratizes access to staking rewards by removing barriers such as minimum staking requirements and the need for technical infrastructure, making it an attractive option for a wider range of investors.
Plus, with the launch of Delegation on Eigenlayer you can now easily delegate your restaked position to Chorus One with a single click of a button.
Not only that, users may bring in liquid staking tokens (LST's) from any external platform and directly restake with EigenLayer if they wish to do so.
Liquid Staking vs Traditional Staking
Liquid staking is a mechanism that enhances traditional staking by introducing liquidity to staked assets. Unlike traditional staking, which necessitates locking up cryptocurrency to support a network’s operations and security, liquid staking allows participants to retain the fluidity of their assets.
How does Liquid Staking work?
Through liquid staking, users stake their crypto with a liquid staking protocol and receive a token in return—this token symbolizes the staked amount and any accrued rewards or penalties.
The critical distinction lies in the usability of these new tokens: they can be freely traded or utilized within the DeFi ecosystem, thus allowing stakers to earn additional yields or use them as collateral in various financial protocols.
This creates a dual advantage by enabling participation in network validation and security processes, akin to traditional staking, while simultaneously providing liquidity and opportunities to compound rewards in the broader DeFi space.
Restaking and EigenLayer in a Gist
Restaking in the context of Ethereum, as defined by Vitalik Buterin, is a process that allows Ethereum stakers to extend their staked assets' utility beyond the Ethereum network.
It means that while your ETH remains staked on Ethereum, you can also leverage its staking power across other blockchain networks. This innovative approach enables new blockchain networks to utilize Ethereum's established validators and staked tokens for securing their trust systems.
Restaking offers stakers the flexibility to contribute to the security of multiple networks, potentially earning rewards, verifying trust, or engaging in blockchain events. It represents an evolution in blockchain participation, broadening the scope and impact of staked assets without requiring additional token allocation.
EigenLayer revolutionizes this concept by implementing smart contracts on Ethereum to facilitate restaking.
Users that stake ETH can opt-in to EigenLayer smart contracts to restake their ETH and extend security to additional applications on the network. Part of EigenLayer’s potential, therefore, lies in its ability to aggregate and extend security through restaking and to validate new applications being built on top of Ethereum.
Actively Validated Services (AVSs), essentially are new projects or applications building on Ethereum which can tap into this pool, consuming security based on their needs while validators contribute at their discretion, weighing risks and rewards. This system negates the need for AVSs to establish their own validator networks, instead allowing them to utilize Ethereum’s existing security infrastructure.
For a more comprehensive overview of EigenLayer and how it addresses current challenges in Ethereum security, please read our blog.
Supported Liquid Staking Tokens (LSTs) can be seen below:
osETH, wbETH, rETH, cbETH, stETH, oETH, ankrETH, swETH, ETHx, EIGEN
Public versus Private Vaults
Below, we provide a brief breakdown of the various methods available for staking ETH and minting osETH with Chorus One.
Simply put, OPUS Pool allows anyone to stake any amount of ETH to a pooled staking solution, powered by Stakewise v3 using Public Vaults.
We also have tailor-made Private Vaults for clients seeking individual, personalized agreements for their staked capital.
For a comprehensive understanding of the benefits associated with staking your ETH on Chorus One's liquid staking pools, we've covered all the details here.
Public Vaults
Chorus One's public vault invites users to stake any amount of ETH and mint osETH, enjoying the benefits of our enterprise-grade staking infrastructure, proven MEV strategies, world-class security measures, and network expertise.
We also have private, tailor-made vaults for clients seeking individual, personalized agreements for their staked capital.
With these private pools, user assets stay separate and are not commingled with other Vaults, thus offering the perks of liquid staking with enhanced security and all the other benefits Chorus One has to offer—higher MEV yields, top-notch security, network expertise, and more.
To launch a Private Vault with Chorus One, please reach out to us at [email protected]
A Note for Investors
Opus Pool brings in a host of benefits for users. Let’s take a brief look at what you stand to gain.
Stake any amount of ETH and mint osETH
OPUS Pool enables a user to stake any amount of ETH (no 32 ETH minimum requirements) and receive rewards instantly.
Additionally, users have the ability to mint osETH, a liquid staking derivative, and use it in DeFi or deposit into EigenLayer to gain additional rewards directly on OPUS Pool in one go.
Low Fees
OPUS Pool sets itself apart from current liquid staking protocols by offering users the advantage of highly competitive staking fees.
At just 5%, our fees are among the lowest in the industry, making it more accessible for a broader spectrum of users to stake their ETH and earn rewards.
Top-tier MEV Rewards
As pioneers in MEV research, our latest ace, Adagio - an MEV-Boost client, allows for more efficient interactions with Ethereum’s transaction supply chain, directly enhancing MEV rewards for stakers.
Fully integrated with OPUS Pool validators, Adagio ensures that anyone staking on OPUS Pool can benefit from these increased MEV rewards.
Restake osETH, stETH, cbETH, rETH with EigenLayer in One Go
OPUS Pool offers a unique feature: users can deposit not only osETH minted through OPUS Pool but also liquid staking derivatives like stETH, cbETH, and rETH minted on other platforms, directly into EigenLayer.
In addition to the benefits mentioned above, our Institutional clients can leverage the Chorus One SDK to integrate ETH staking directly into their UI.
This allows you to provide your customers with all the benefits of the OPUS Pool seamlessly in your platform.
