Liquid Stakers

Liquid Stakers can deposit ETH to receive divETH, a token that automatically accrues any ETH Staking Rewards generated over time.

There is no minimum ETH requirement to become a Liquid Staker, making it accessible to anyone. Once ETH is deposited into the Diva Smart Contract, stakers instantly receive divETH—a flexible receipt token representing their staked ETH along with any staking rewards it earns.

What sets Diva's staking apart is its liquidity. With divETH, stakers gain immediate flexibility, as the token is instantly transferable and tradable, unlike traditional staking models where assets are typically locked up. Furthermore, Liquid Stakers enjoy staking rewards that are safeguarded by the collateral provided by Operators.

Holders of divETH will see their balances adjust daily, reflecting any staking rewards or penalties. This dynamic adjustment is made possible through a rebasing mechanism, ensuring that the value of divETH aligns with the actual rewards earned.

For those who require additional functionality, divETH can be wrapped into wdivETH, an ERC20 token. This wrapped version is fully compatible with a wide range of DeFi applications, allowing for greater composability within the ecosystem.

Additionally, divETH's liquidity opens up opportunities for further financial strategies, such as leveraging or collateralizing your staked assets, expanding the utility of your ETH beyond just staking rewards.