Staking ETH
Last updated
Last updated
To stake your ETH for uniETH, click 'Connect Wallet' at the top of the page to link your MetaMask to the dApp. Once connected, the mint/withdraw function for uniETH will be available.
You will receive uniETH when you deposit it and it will accrue staking rewards over time by growing in token value. uniETH can also be sold and traded on various DEXs and CEXs if there is liquidity available for the trade and can also be used to provide liquidity to earn additional yield.
Bedrock allows everyone the opportunity to earn rewards on any amount as we do not have a minimum amount required to use the Bedrock protocol. We do recommend a deposit of at least 0.01ETH to make your transaction worthwhile. When you stake ETH, you will receive uniETH, which accumulates rewards over time based on the performance of our validator nodes on Ethereum.
To be able to view your uniETH on your Metamask wallet, click 'Add to MetaMask' to import the uniETH token to MetaMask.
The time it takes to unstake uniETH is largely dependent on the Ethereum blockchain and EigenLayer protocol. There will be a waiting time for validators to access the ETH they wish to unstake, as there is only a single queue for both full and partial withdrawals on the blockchain. There is also an additional requirement from Eigenlayer that requires 7 days to processing the unstaking request.
For a step-by-step demonstration for staking and unstaking, refer to the steps below.
Go to https://app.bedrock.technology/unieth page, connect wallet. Once connected, the Stake/Unstake function for uniETH will be available.
(Optional) Bind a referral code to enjoy Diamond point booster.
Enter amount of ETH to be staked. Only ETH on the Ethereum Mainnet can be staked directly.
Click Max button to use the max available ETH amount.
Minimum amount is 0.01 ETH.
The expected amount is the input ETH amount converted into uniETH.
Staking pool fee: The fee is applied to the staking rewards.
Additional info:
Exchange Ratio: The real-time exchange ratio between ETH and uniETH. uniETH accures values over time from ETH staking rewards.
Slippage:
Token contract: The staking smart contract dedicated to manage the staking requests. Always ensure to interact with https://etherscan.io/token/0xF1376bceF0f78459C0Ed0ba5ddce976F1ddF51F4.
Click Stake my ETH button, user will see confirmation popup window, and user needs to check amount of ETH to be staked.
Stake success popup: Upon stake request transaction is completed, it shows the successful message.
