- Staking Process:
- Your ETH is sent to Everstake’s smart contract when you stake.
- Staking ETH may take up to ~12 days, depending on the Ethereum network and Everstake.
- You’ll need to pay network fees in ETH for staking, unstaking, and claiming rewards.
- While Assets Are Staked:
- Staked assets are locked and cannot be used until unstaked. However, you can unstake your assets anytime.
- Earnings are automatically restaked, compounding your rewards.
- Earnings (Interest):
- Earnings are generated on your staked ETH and paid in ETH.
- They are reinvested (restaked) automatically without additional network fees.
- To transfer earnings into your wallet, you’ll first need to unstake your assets so they become your rewards and then claim the rewards.
- Unstaking Process:
- Unstaking ETH may take up to ~10 days, depending on the Ethereum network and Everstake.
- Once unstaked, assets are ready to be claimed into your wallet.
- Rewards:
- Rewards include both your staking earnings (interest) and any amount of unstaked assets.
- Once unstaked, rewards can be claimed and will be credited directly to your wallet in ETH.
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