Overview
Stakehouse is an AMM that sits as a registry for the Ethereum Deposit Contract (EDC) and validators. At any point, the registry can reconcile which wallet owns which ETH in the underlying validators. This allows the user to then mint 24 derivative Ether tokens (dETH) and 8 derivative liquid validator tokens (SLOT) with 100% redeemability and accountability. This is done in a trustless manner and without custody; Stakehouse never holds onto a user’s ETH or validator keys. Stakehouse doesn’t collect commissions. The protocol acts as a value add layer to all those looking to stake a validator or access validator yields.
Multichain ETH provides unique features and opportunities for dETH and SLOT.
- Stake a 32 ETH validator with the Ethereum Deposit Contract through the Stakehouse registry.
- Stakehouse AMM mints 24 dETH and 8 SLOT (4 to collateralized pool, 4 to wallet) to the wallet.
- Sell or purchase derivative tokens.
- Exit Stakehouse anytime with the validator.