Glossary
Staking definitions.
Word/Acronym | Definition |
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Staking | The act of bonding ETH tokens to a validator through a deposit process. In return, the validator earns rewards derived from protocol inflation and transaction fees, distributed to the validator withdrawal credentials and fee recipients. |
GRR | Gross Rewards Rate - represents the annualized proportion of rewards earned in relation to the total staked amount, expressed as a percentage and exclusive of fees. |
NRR | Net Rewards Rate - represents the annualized proportion of rewards earned in relation to the total staked amount, expressed as a percentage and inclusive of fees. |
Dedicated / Solo Staking | When stakers deposit multiples of 32 ETH in return for launching their own dedicated validator(s). Rewards generated by the validator are exclusively for the staker and not shared with others. |
Pooled Staking | Stakers who want to stake any amount of ETH join a staking pool by contributing their ETH to a common pool. This pool aggregates the ETH from multiple participants which in turn creates validators that are shared by the pool. |
Integrator | A platform, whether custodial or not, that offers a staking service to its users. |
Operator | An infrastructure provider, such as Kiln or Coinbase Cloud, running Ethereum validators. |
LST / Liquid Staking Token | A Liquidity token (ERC20, ERC115 or ERC721) used to wrap a staked position, enabling easy transferability and composability on other smart contract platforms. |
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