<p>Staking rewards on Ethereum are unpredictable, making it difficult for stakers to plan ahead.</p><p><strong>Stakers deserve a reward rate they can rely on.</strong></p><p>That’s why we have launched <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/sreth">srETH v2</a>, a robust liquid staking index, in partnership with <a target="_blank" rel="noopener noreferrer" href="https://app.spool.fi/smart-vaults?search=0x5d6ac99835b0dd42ed9ffc606170e59f75a88fde">Spool</a>.</p><p>With a multitude of liquid staking options, navigating the liquid staking rewards market on Ethereum can be a challenge. Reward rates across top liquid staking protocols have seen a steady decline over the past year, making it difficult for stakers to plan ahead. Currently the reward rate for top LSTs is sitting in the range of 2-4% APR.</p><p>Changes in reward rates are caused by a number of contributing factors, such as an increase in the emission rates, number of active validators as well as varying Consensus Layer and Execution Layer performances.</p><p>We created srETH to give stakers a simple 'stake-and-forget' solution that remains non-custodial, spreads your investment over top LSTs and always provides the best risk adjusted yield.</p><p>srETH v1 launched on 15 Jan and included three dynamic LST allocations, stETH, rETH and sfrxETH.</p><p><a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/sreth">srETH v2</a> is the latest version. Launched on 29 Feb with additional strategies OETH and Convex - stETH + frxETH included within the dynamic allocation.</p><p>The evolution of srETH will continue with new version and additional strategies.</p><p>&nbsp;</p><h2>srETH yield sources &amp; allocations</h2><p><a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/sreth">srETH v2</a> is made up from a basket of LSTs and different staking strategies. The allocation rebalances automatically every day.</p><p>The current dynamic allocation is as follows:</p><p><img src="https://tidy-ball-c49dc59f59.media.strapiapp.com/sreth_v2_allocations_6388bc8ef6.png" alt="sreth-v2-allocations.png"></p><p>Going forward, new versions of srETH will be released with new strategies, as agreed upon by the Staking Rewards research team and Spool.&nbsp;</p><p>If there are other strategies you would like to see included in srETH, then please get in touch with the team via <a target="_blank" rel="noopener noreferrer" href="https://discord.gg/EqDF9GF">Discord</a>.</p><h3>Boosted APY through incentives</h3><p>From time-to-time, the base APY of srETH can be temporarily boosted through incentives in the form of $SPOOL tokens.</p><p>These additional incentives are from Spool’s treasury and are approved via new proposals, as voted on as part of Spool DAO’s governance model. You can check to see if incentivized rewards have been applied by viewing the srETH vault within Spool’s interface.</p><p><img src="https://tidy-ball-c49dc59f59.media.strapiapp.com/sreth_spool_vault_deposit_65135664dd.png" alt="sreth-spool-vault-deposit.png"></p><p>&nbsp;</p><h2>Spool x Staking Rewards: A new alliance</h2><p>We have joined forces with Spool to create srETH. Spool is a decentralized middleware that provides automated, risk-managed, and non-custodial Smart Vaults.</p><p>A Smart Vault is a Smart Contract that combines a maximum of 16 strategies. You can learn more about Spool’s Smart Vault technology <a target="_blank" rel="noopener noreferrer" href="https://docs.spool.fi/technical-reference/technical-implementation/smart-vaults">here</a>.</p><h3>Secured by the best</h3><p>srETH has been audited by both Trail of Bits and ChainSecurity. Review the audits <a target="_blank" rel="noopener noreferrer" href="https://docs.spool.fi/technical-reference/audits">here</a>.</p><p>&nbsp;</p><h2>How do deposits / withdrawals on srETH work?</h2><p>Deposits or withdrawals to the srETH index are made via the Spool v2 app. Follow the instructions below:&nbsp;</p><h3>How to buy srETH</h3><ol><li><a target="_blank" rel="noopener noreferrer" href="https://app.spool.fi/smart-vaults/0x5d6ac99835b0dd42ed9ffc606170e59f75a88fde">Go to the srETH vault</a> in Spool V2 and connect your wallet.</li><li>Select your preferred asset to deposit, including $ETH, $WETH, $USDC, $USDT or $DAI, enter your amount and “Confirm Deposit”</li><li>Confirm the deposit transaction in your wallet</li></ol><p>Once your deposit has been processed, you will find a deposit receipt NFT in your wallet. Do not remove this NFT from your wallet. You will need it in the future for withdrawing assets.</p><p><strong>Note: It takes at least 24 hours for a deposit to reflect in the vault TVL, due to a clearing process.</strong></p><h3>How to withdraw srETH</h3><p>Withdrawing assets is a 2-step process. First, you will need to request the withdrawal then, separately, you need to claim the withdrawal.</p><ol><li><a target="_blank" rel="noopener noreferrer" href="https://app.spool.fi/smart-vaults/0x5d6ac99835b0dd42ed9ffc606170e59f75a88fde">Goto srETH vault</a> in Spool V2 and connect your wallet.</li><li><p>Click "Withdraw" to make a withdrawal request</p><p>- If you are willing to pay the gas fees click on "Instant Withdrawal"</p><p>- If you would rather save on gas fees:</p><ol><li>Wait until the Smart Vault is rebalanced</li><li>Once rebalanced, your withdrawal becomes claimable</li><li>Claim your withdrawal</li></ol></li></ol><p>The buffer exit routine is accompanied by a waiting period, but user benefit from substantially limited gas fees in comparison to those opting for the "instant withdrawal" option.</p><p>&nbsp;</p><h2>How do we choose new strategies for srETH?</h2><p>The srETH index is managed by Staking Rewards’ team of unbiased researchers. Any new strategies and their respective allocations within srETH are carefully reviewed by our team.</p><p>We will prioritize strategies that are:</p><ul><li>Low risk (well established and fully audited)</li><li>Stable longterm rewards</li><li>Consistently beat the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/asset/ethereum-2-0">SRB Reward Rate</a></li></ul><p>&nbsp;</p><h2>How does srETH fit in with other products on Staking Rewards</h2><p>Since 2017, Staking Rewards has been a provider of unbiased staking data and investment tools for both retail and institutional investors. Our mission is to onboard more people into staking by providing users with the perfect staking strategy that meets their individual needs.&nbsp;</p><p>srETH sits alongside a full suite of staking strategies on our website, but caters for a particular user group that is looking for a more "hands off" approach to staking.</p><p>Liquid staking has opened a gateway for users to participate in staking on Ethereum, without the high bond requirements and technical aptitude needed to run a validator.&nbsp;</p><p>With srETH, Staking Rewards can provide users exposure to top LSTs on Ethereum through one singular investment vehicle. This removes any complex portfolio management and ensures stakers always providers the best risk adjusted yield.</p><p>&nbsp;</p><h2>What’s next for srETH?</h2><p>New versions of the srETH index will be released over time, with additional strategies and revised allocations.</p><p>Any new strategies added to new will be heavily scrutinized and vetted by the Staking Rewards team. The goal of creating new versions of srETH will be to provide more reliable rewards over time.</p><p>srETH will be further integrated as an Ethereum reward option on our website, with a native deposit functionality being added in due course.</p><p>&nbsp;</p><p><a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/sreth">Deposit to srETH v2</a></p><p><a target="_blank" rel="noopener noreferrer" href="https://discord.gg/EqDF9GF">Ask us any questions about srETH in Discord</a></p><p><br>&nbsp;</p>

srETH v2 is Now Live

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