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How to stake ETH with Chorus One and restake with EigenLayer

Chorus One
Chorus One
February 6, 2024
5 min read
February 6, 2024
5 min read
What is OPUS Pool?

OPUS Pool, powered by Stakewise, is our latest addition to the OPUS product suite which enables anyone to stake any amount of ETH with Chorus One, mint osETH, and directly deposit into EigenLayer in one flow.

Not only that, users may bring in liquid staking tokens (LST's) from any external platform, including osETH, wbETH, rETH, cbETH, stETH, oETH , ankrETH , swETH, ETHx, and directly restake with EigenLayer if they wish to do so.

Start using OPUS Pool to stake ETH. Visit  https://opus.chorus.one/pool/stake/  

OPUS Pool facilitates greater participation in securing the network but also allows a wider range of Chorus One stakers to earn rewards and gain access to a suite of benefits, including top-tier MEV yields, low fees, and the assurance of enterprise-grade security, among others.

Below, we will take you through the steps of how you can use OPUS Pool to

  1. Stake any amount of ETH
  2. Mint osETH
  3. Restake any LST directly with EigenLayer

Before moving on to the guide, let’s first take a look at some of the benefits of using the OPUS Pool.

For investors and Institutions -

  1. Stake any amount of ETH and mint osETH

As previously mentioned, the OPUS Pool enables any user to stake any amount of ETH and receive rewards instantly. Additionally, users have the ability to mint osETH, a liquid staking derivative, and use it in DeFi or deposit into EigenLayer to gain additional rewards directly on OPUS Pool in one go.

This means that you do not have to switch between platforms to Stake and Restake your ETH (an industry first! ).

  1. Low Fees

The OPUS Pool sets itself apart from current liquid staking protocols by offering users the advantage of highly competitive staking fees. At just 5%, our fees are among the lowest in the industry, making it more accessible for a broader spectrum of users to stake their ETH and earn rewards.

  1. Top-Tier MEV Yields:

As pioneers in MEV research, our latest ace, Adagio, is an MEV-Boost client that changes how transactions are handled for increased MEV capture.

Adagio's design allows for more efficient interactions with Ethereum’s transaction supply chain, directly enhancing MEV rewards for stakers. Fully integrated with OPUS Pool validators, Adagio ensures that anyone staking on OPUS Pool can benefit from these increased MEV rewards.

Want to learn more about Adagio and its mechanics? Read all about it here.

  1. Restake osETH, stETH, cbETH, rETH with EigenLayer in One Go.

OPUS Pool offers a unique feature: users can deposit not only osETH minted through OPUS Pool but also liquid staking derivatives like osETH, stETH, cbETH, and rETH minted on other platforms, directly into EigenLayer.

This flexibility allows users to either mint osETH with OPUS Pool and deposit it into EigenLayer, or bring in any accepted liquid staking derivatives and seamlessly deposit them into EigenLayer in a single step.

For institutions -

The OPUS SDK : In addition to the benefits mentioned above, our Institutional clients can leverage the OPUS SDK to integrate ETH staking into their offerings, providing their customers with all the benefits of the OPUS Pool seamlessly. To know more, please reach out to staking@chorus.one.

We’ve covered all the benefits, and in-depth overview of the OPUS Pool and how it works in our blog. Check it out here.

Now, let’s move on the guide.

💡Remember, you can directly Restake your staked ETH (including osETH, wbETH, rETH, cbETH, stETH, oETH , ankrETH , swETH, ETHx ) by skipping directly to Step 3: Restake with EigenLayer, if you do not wish to stake ETH and mint osETH on the OPUS Pool first!

Step 1: Stake any amount of ETH

  1. Log in to the OPUS Pool by clicking on https://opus.chorus.one/pool/stake/
  1. Then, connect your wallet.

  1. Once you have connected your wallet, you have the option to:

  • Stake ETH
  • Mint osETH
  • Restake via EigenLayer

We will walk you through each option in this guide.

To start staking, enter the amount of ETH you would like to stake. Once you have done this, click on ‘Confirm and Pool’.

5. Confirm your transaction.

  1. You have now staked ETH successfully!

Step 2: Mint osETH

  1. To start minting osETH, click on ‘Mint osETH’ on the OPUS Pool page.

  1. Enter the amount of osETH to mint and click on ‘Mint’ .

  1. Confirm your transaction.

  1. Once your transaction is confirmed, you have successfully minted osETH!

Step 3: Restake with EigenLayer

  1. To deposit your osETH, or any accepted staked ETH into EigenLayer including wbETH, rETH, cbETH, stETH, oETH , ankrETH , swETH, ETHx, click on ‘Restake’ in the menu bar and select the asset you wish to deposit.

  1. Then, enter the amount you wish to restake and click on ‘Restake’.

  1. Confirm your transaction.

  1. You have successfully restaked your staked ETH with EigenLayer!

To learn more about the OPUS Pool, visit our blog here.

To learn more about EigenLayer, visit our introductory blog here.

If you have any questions, or want more information, or interested in the OPUS SDK, please reach out at staking@chorus.one, and we’ll be in touch!

About Chorus One

Chorus One is one of the biggest institutional staking providers globally operating infrastructure for 50+ Proof-of-Stake networks including Ethereum, Cosmos, Solana, Avalanche, and Near amongst others. Since 2018, we have been at the forefront of the PoS industry and now offer easy enterprise-grade staking solutions, industry-leading research, and also invest in some of the most cutting-edge protocols through Chorus Ventures.

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