dETH and SLOT Relationship
To best utilize Stakehouse’s benefits, it helps to understand the relationship between the two minted derivative tokens dETH and SLOT.
dETH | SLOT | |
---|---|---|
Starting Balance | 24 dETH | 8 SLOT |
Rewards | Earn staking rewards | Earning MEV rewards, gas fees and other validator benefits |
Yield | Determined by consensus layer yield rate. 24 dETH receive 32 ETH worth of rewards | Unlimited cash flow opportunity through validator management |
Validator Ownership Rights | None | SLOT tokens hold management rights to the associated staked validator |
Fungibility | dETH is completely fungible across all Stakehouses and all EVM blockchains | SLOT tokens while redeemable are only fungible within their associated Stakehouse |
Associated Accounting Token | savETH | sETH |