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Early Stakers

Enzyme Early Staker Vaults powered by Enzyme Finance​

This is an independently run initiative approved by the Diva Staking DAO in DIP-02.

Stage​

Open for deposits, currently in Tranche 2 (2.25 DIVA / ETH / day)

Timeline​

  • Pre-Mainnet: Vaults open for deposit on Enzyme.
  • 30 days pre-launch: Started accruing DIVA tokens for participants.
  • 5 month accrual period: Rewards continue for 5 months after launch to promote long-term engagement.

Purpose​

These vaults aim to attract initial staking commitments from ETH and stETH holders, providing a seamless “passive” option to participating in Diva, help decentralize the Staking ecosystem through including stETH holders.

Benefits​

Offering a straightforward staking option with the additional incentive of DIVA token allocations.

👉 Visit the Diva Early Stakers website to get started https://diva.enzyme.finance

How does it work​

You can deposit ETH or stETH to signal your support for the Diva Staking launch. Every (st)ETH will earn DIVA tokens for every day in the vault starting 30 days before mainnet launch date.

Two vaults​

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ETH deposits are simply kept in "hold" mode until Diva Staking launches. stETH are also kept untouched until launch, but earn ETH staking rewards as you wait.

Once Diva Staking goes live, all (st)ETH will be converted to divETH, Diva's Liquid Staking Token (LST), which generates Ethereum staking rewards and can be freely traded on decentralized exchanges (DEXs).

Vaults are non-custodial, allowing depositors to withdraw their funds anytime.

Rewards​

The more (st)ETH you deposit, the more DIVA tokens you will get. You can find the daily reward amount valid for your deposit tranche in the table. Alternatively, use the calculator to determine the amount of tokens.

If you deposit stETH, you will get both Ethereum staking rewards and DIVA tokens when they start accruing. For example, depositing 10 stETH (into the first tranche) and staying in the vault for the maximum duration will result in 4,575 DIVA rewards plus the full staking rewards (stETH before Diva launch and then divETH).

DIVA transferability​

Please note that DIVA is currently non-transferable and not trading, which means that a token price cannot be established.

DIVA token will only become transferable if approved by the Diva Staking DAO. You can check the latest DAO proposal concerning transferability on Tally.

Enzyme protocol infrastructure​

The program is made possible with Enzyme’s on-chain asset management infrastructure and non-custodial smart contract architecture. Stakers retain full self-custody of their funds at all times.

For the full Terms & Conditions, see proposal on Tally.

See the full list of Enzyme Smart Contracts here.

👉 Visit the Diva Early Stakers website to get started https://diva.enzyme.finance