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Stake ETH for LOXETH
Staking ETH through LOXLEY gives you LOXETH: a token that keeps earning while it stays usable.
What happens when you stake
- You deposit ETH to the staking contract on Robinhood Chain.
- The deposit is delegated to operators in the registry according to the delegation criteria.
- You receive LOXETH at the current exchange rate. The rate rises as rewards are reported.
You are not locked in. LOXETH is transferable from the moment you receive it, and the position behind it keeps earning whether you hold it or not.
Why the rate goes up rather than your balance
Rewards are reflected by increasing the exchange rate of LOXETH against ETH — not by minting you more LOXETH. So your token balance stays constant while each token is worth slightly more ETH than it was last period. This keeps LOXETH composable: a lending market does not have to handle a rebasing balance.
What you pay
| Item | Amount |
|---|---|
| Deposit fee | None |
| Withdrawal fee | None |
| Fee on rewards | Set by governance, shown before you sign |
| Network gas | Priced in ETH, paid to the chain |
Before you sign
- Check you are on the right chain. LOXLEY runs on Robinhood Chain, chain ID 4663.
- Check the exchange rate shown against the explorer.
- Set an explicit gas limit. Estimates on this chain come back low and a reverted transaction still costs gas.