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The wait is over! Babylon BTC staking goes live today, December 10, at BTC block 874,088 (around 11:00 UTC). With this new cap, Bitcoin holders can now stake their BTC seamlessly and earn rewards while contributing to the evolution of the Bitcoin ecosystem.
Cap 3 introduces new limits and features that make this staking opportunity both exciting and accessible:
Chorus One is proud to support Babylon as a trusted and experienced Finality Provider, ensuring a smooth and reliable staking experience for the Bitcoin community.
Ready to stake? Follow this step-by-step guide to get started:
Make sure your Bitcoin wallet is ready before staking goes live. Staking Rewards supported wallets include:
Browser Wallets:
Hardware Wallets:
👉 Note: When setting up your wallet, follow these guidelines:
1. Go to the Staking Interface:
Visit the Chorus One BTC Staking Dashboard.
2. Connect Your Wallet:
Select your wallet and sign the signature request to connect.
3. Enter Your Staking Amount:
Input the amount of BTC to stake (between 0.005 BTC and 5,000 BTC per transaction).
4. Set Transaction Fees:
Choose your preferred transaction fee. To increase your chances of staking before the cap fills, prioritize your transaction with a higher fee.
5. Confirm the Transaction:
Click “Stake” and confirm the transaction in your wallet.
6. Track Your Position:
Monitor your staked BTC via the Staking Terminal.
Unstaking is straightforward:
1. Submit an Unbonding Transaction: The unbonding period is 1,008 BTC blocks (~7 days).
2. Withdraw Your BTC: Once the unbonding period is complete, withdraw your BTC via the Staking Terminal.
Cap 3 Highlights:
Cap 3 represents a significant step forward for the Bitcoin community, enabling BTC holders to participate in staking while earning competitive rewards. It’s an innovative approach that combines the stability of Bitcoin with modern staking solutions.
Chorus One’s Expertise:
As a leading institutional staking provider, Chorus One has been at the forefront of blockchain innovation since 2018. With over $3 billion in assets secured across 60+ Proof-of-Stake networks, our enterprise-grade infrastructure and track record ensure a seamless staking experience.
Prepare your wallet today and join the staking revolution. For detailed instructions, check out the updated staking guide: How to Stake Bitcoin with Babylon.
Stake now with Chorus One: Stake BTC with Babylon.
Let’s shape the future of Bitcoin staking together.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Since the Paris upgrade, staking has been introduced on Tezos. Staking and delegating are different activities. After the Quebec proposal goes live in January, the delegation rewards will drop to 33% of the staking rewards. In other words, in 2025, you can earn 3x more return on your Tez if you stake vs. delegate.
Below is a brief overview of the differences between staking and delegating.
We have prepared a short guide to help you switch from delegating to staking. The guide is based on the Kukai wallet, but you can use the wallet of your choice.
Getting started
If you haven't delegated to a Chorus One baker yet, click on “Delegating & Staking” in the right corner of the wallet interface. Look for Chorus One on the bakers’ list. You can use the search button in your browser to find it.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Chorus One Validator: tnam1qxsx2ezu89gx252kwwluqp7hadyp285tkczhaqg0or search for Chorus One on the Namada Staking page.
Recommended Wallet: Namada Keychain (Chrome or Firefox only)
Block Explorer: https://namada.info/
Unstaking Period: 14 days
Namada (NAM) is a proof of stake (PoS) layer-1 blockchain from the Anoma foundation designed to prioritize privacy in multi-asset transactions using zero-knowledge proof technology and focusing on interchain asset-agnostic data protection.
Built on the Tendermint consensus engine, it uses a mechanism called Zcash Sapling Protocol to enable shielded transfers, allowing users to transact privately while supporting interoperability with other blockchains.
Namada stands out for its native multi-asset support, meaning any asset from connected chains or created within Namada can benefit from its privacy features without needing custom contracts.
The platform also introduces an innovative feature called Privacy as a Public Good. It rewards users for using private transactions by allocating a portion of transaction fees and staking rewards to fund privacy-centric initiatives.
Namada aims to enhance privacy across the blockchain ecosystem, offering a solution that seamlessly integrates privacy with usability, making it accessible for both developers and end-users.
1. Install the Namada Keychain browser extension
To begin, you will need to Namada Keychain, which can be downloaded here:
Please note that currently the Namada Keychain is only supported on Chrome and Firefox.
If you already have the Namada Keychain installed, skip ahead to: How to stake
Example of the Namada Keychain webpage.
Next, set up your wallet by either creating a new wallet via a 12 or 24-word phrase from the Namada Keychain, or connect via Ledger which will require having already installed the Namada app from Ledger Live.
If you are creating a new wallet from the Namada Keychain directly, please be sure to store your 12 or 24-word phrase securely.
You will be prompted to enter some random words from your seed phrase to ensure you wrote it down correctly. Next, you will be prompted to set a password for your Namada Keychain.
Your seed phrase cannot be recovered if lost. Please be sure to write this down somewhere secure and never share it with anyone.
Anyone with access to your seed phrase will have access to your funds.
2. How to stake
Next, navigate to https://interface.namada.tududes.com/ to view the overview interface for Namada.
Example of the Namada overview interface.
You can search for Chorus One in the search bar or enter the Chorus One validator address to find the correct validator from the Staking interface.
tnam1qxsx2ezu89gx252kwwluqp7hadyp285tkczhaqg0Simply click on 'Stake' and you will be brought to the staking page.
Example of the Namada staking interface.
You may need to search for Chorus One again to find it from the list of available validators.
Example of staking 50 NAM to Chorus One.
Simply enter how much NAM you wish to stake with Chorus One and then complete the transaction in your Namada Keychain and sign the transaction.
You will be prompted to enter the password you set for your Namada Keychain wallet to finalize the transaction.
Once you have approved the transaction, you have successfully staked your NAM!
3. Increasing and managing your NAM stake
If you'd like to increase or manage your NAM stake, you can do so from the Namada Overview page or the Namada Staking page.
Enter the amount of NAM you would like to increase your stake by.
Follow the same steps as before to approve and finalize your staking transaction.
4. Unstaking your NAM
If you wish to unstake your NAM, this can be done from the Namada Staking page which will provide an overview of your staked balances and which validators you have delegated to.
Below is an example of how it may look for you.
Example of the Namada Staking interface.
To unstake, simply click on the 'Unstake' button and follow the prompts to approve and finalize the transaction, similar to the steps taken to stake your NAM originally.
When unstaking your NAM, please note that it will take 14 days to complete during which time your staked balance will not be earning staking rewards.
After this period has passed, your NAM will become liquid again and you can transact with it.
If you are an institutional investor looking to stake Namada (NAM) with Chorus One, please reach out to us via our staking request form.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Category Details:
Staking details:
Details for Investors:
Locked tokens are not eligible for staking in this first phase. It will be at a later stage
Starknet has been designed to enhance Ethereum's capabilities while maintaining its core values of security and composability. It operates as a permissionless Validity-Rollup, also known as a zero-knowledge rollup (ZK rollup), which is a Layer 2 solution built to improve the scalability of the Ethereum network.
As an L2 blockchain, Starknet empowers developers and decentralized applications to perform large-scale computations at significantly reduced costs. This scalability is achieved without compromising Ethereum’s inherent strengths, such as its decentralized nature.
Starknet uses an advanced cryptographic system known as STARK proofs (Scalable Transparent Argument of Knowledge). These proofs ensure transactions are both secure and verifiable, even when processed off-chain, which helps to maintain Ethereum’s high standards of trust and transparency.
A unique feature of Starknet is its use of Cairo, a purpose-built programming language designed to maximize efficiency and performance in the Starknet ecosystem. Cairo is used to write smart contracts, enabling developers to harness its full potential for creating innovative and high-performance applications.
With Starknet, the Ethereum ecosystem can achieve faster transaction speeds, lower costs, and improved scalability, making it a vital piece of the blockchain scalability puzzle included in Ethereum’s roadmap.
The launch for Starknet will happen in different phases, which are the following:
Phase 1:
Phase 2:
Phase 3:
Phase 4:
In order to stake with Chorus One, you can go to the staking rewards app available here
Once there, connect your wallet (Argent X or Braavos). If you’re visiting the website for the first time, you’ll need to grant the application access and approve a signature request.
Next, enter the amount of STRK you want to stake with Chorus One.
Click “Stake”, then confirm the transaction in your wallet to complete the staking process.
Congratulations! You have successfully staked your STRK. Click the button to track your staked STRK position in the Staking Terminal. You can also view the transaction details on Starkscan.
You can now monitor your stake, claim staking rewards, and unstake directly using the Staking Rewards Terminal, available here: https://www.stakingrewards.com/terminal
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
Chorus One Validator: 0x6bcBe50912a51c4d956444CCbd2F3e9dAA217CC1
Recommended Wallet: MetaMask
Block Explorer: https://bartio.beratrail.io/
Staking Rewards: https://www.stakingrewards.com/asset/berachain-bera/about
Connecting to Testnet: https://docs.berachain.com/developers/network-configurations
Berachain (BERA), currently in their final testnet phase (Cartio), is changing how DeFi users access liquidity, supercharging applications, and providing flexibility and adaptability to the thriving digital economy. It combines the capabilities of the Cosmos SDK and introduces its novel 'Proof of Liquidity' as well as their new modular implementation of the EVM called Polaris. This not only tackles current obstacles but also paves the way for fresh avenues of creativity and advancement within the DeFi industry.
Through the unique Proof-of-Liquidity (PoL) consensus mechanism, Berachain is transforming traditional staking by requiring liquidity contributions instead of merely locking assets. This innovative approach incentivizes users to supply liquidity to the network, strengthening decentralized applications (dApps) and rewarding participants for enhancing liquidity pools.
To support the PoL model, Berachain utilizes a tri-token model comprising the Bera Governance Token (BGT), the native gas token (BERA), and Honey (HONEY).
Each token serves a specific role:
BGT plays a central role in the staking process on Berachain. It grants holders governance rights, enabling them to vote on proposals that shape protocol upgrades.
Together, this tri-token model creates a robust and dynamic economic framework that aligns network security, liquidity, and governance. While currently still in its testnet phase, Berachain’s innovative model is poised to reshape blockchain staking upon mainnet launch.
Chorus One has been involved with the ongoing developments of Berachain and their new PoL model and is prepared to offer day one support for the network. Alongside this, we have created a special algorithm called BeraBoost to maximize BGT rewards for PoL participants allowing Chorus One to provide infrastructure that maximizes the performance of the PoL system, ensuring that liquidity is efficiently managed while securing the network through the use of our in-house algorithm.
Chorus One will publish our BeraBoost algorithm on day one, which optimizes rewards distribution for liquidity providers and validators on Berachain. This approach maximizes returns for BGT delegators by tracking LP positions and directs incentives to the most relevant reward vaults.
BeraBoost which will maximize delegator income by strategically distributing BGT emissions to their reward vault positions. This is a sophisticated approach that takes into account nuances like vault turnover and varying incentive liquidity.
Chorus One BeraBoost will operate on a public dashboard, providing transparent, optimized incentive capture for delegators. BeraBoost maximizes incentives taking into account delegator reward vault positions and Chorus One will continue to improve BeraBoost as the chain matures.
Berachain Testnet Links
Below are the links you can use to get started on Berachain testnet if you'd like to explore the PoL mechanisms and staking process first-hand.
Berachain Faucet: The Berachain testnet faucet is the first place to begin to get some testnet BERA.
Home | BEX: BEX is the home of the swap and liquidity provisioning features to participate in PoL.
Vaults | BGT Station: BGT Station is your all in one stop to stake your liquidity tokens and delegate BGT and interact with other features of the network.
Once you've acquired some testnet tokens, you can use BEX to swap your BERA into different tokens you wish to provide liquidity for. For example, let's say you wanted to provide liquidity to the BERA/HONEY pool.
First, navigate to https://bartio.bex.berachain.com/swap and select how much BERA you wish to swap to HONEY.
Note: When providing liquidity, you will need to provide a roughly 50/50 distribution in value of each token. For example, $100 worth of BERA and $100 worth of HONEY.
You will see a preview of your swap, go ahead and complete the steps by approving the transaction in your wallet.
Once you have the tokens you want to provide liquidity for, navigate to https://bartio.bex.berachain.com/pools to select the liquidity pool you wish to interact with.
In this case, we will be demonstrating with the HONEY/BERA pool.
Click on 'Add' to be brought to the liquidity deposit screen. You can click on 'MAX' for either token to see what the most liquidity you can provide is based on the amounts of each token you have.
Next, click on 'Preview' and if it all looks good, go ahead and approve the transaction in your wallet and provide the liquidity to the pool.
After you've done so, you'll likely be prompted to deposit your liquidity receipt tokens to a rewards vault to begin earning BGT. (screenshot example below).
From BGT station, make sure you select the tab at the top called 'Vaults' and from there you can search for a rewards vault for HONEY/WBERA to stake you receipt tokens to.
Using the search function can be very helpful to find the vault you wish to use.
Simply click on 'Deposit' and you can stake your liquidity receipt tokens from your deposit earlier.
Enter the amount of the receipt tokens you wish to stake, then click on 'Deposit' to finalize the transaction in your wallet.
And now you've successfully participated in PoL! Your receipt tokens will begin accruing BGT rewards that you can claim and then stake with the Chorus One validator.
However, it's worth noting that BGT will not be instantly earned for your receipt token deposit, however, you will begin earning BGT from your stake in that rewards vault.
As it accrues, you can claim your pending BGT rewards.
Simply click on 'Claim Rewards' and you will claim the BGT that has accrued from the rewards vault.
If you are staking to other rewards vaults, you can see an overview of all your pending BGT rewards from: https://bartio.station.berachain.com/rewards
Once you have your BGT, you can navigate to the 'Validators' tab of BGT Station to select Chorus One.
Once on the Chorus One validator page, simply click on 'Delegate' to delegate your BGT to the validator.
Here you will see the screen where you can choose how much BGT to delegate.
After you've entered how much BGT you wish to delegate, click on 'Queue Boost' which will start the delegation process.
The delegation process is not instant. When you queue the BGT boost to the Chorus One validator, it will process in approximately 1-2 hours.
You can view the status of your delegation boost from the same page you used to delegate.
Please note that to finalize the BGT delegation, you will need to return to this page and confirm the boost after the time in the delegation queue has passed.
After you've come back and confirmed your BGT delegation to the Chorus One validator, you're all set! You've successfully delegated BGT and have boosted the Chorus One validator further, thus increasing the amount of BGT it will distribute to your rewards vault (in this case, HONEY/WBERA).
You will continue to accrue more BGT over time from your PoL positions which can be claimed from the 'Rewards' tab of BGT Station.
Converting BGT to BERA
BGT cannot be transferred to another wallet. It is soul bound to your wallet. While BGT can be delegated, it can also be converted one way in a 1:1 ratio to BERA.
Please note it is not possible to convert BERA back to BGT. This is a one way swap only.
This allows you to use your BGT rewards to either further boost the Chorus One validator or you can swap your BGT to BERA to use it for other functions in the Berachain ecosystem.
This 1:1 swap can be done from the 'Redeem' tab on BGT Station.
Simply select how much BGT you'd like to convert to BERA and click on 'Confirm' then finalize the transaction in your wallet.
And that's it -- You've now converted your BGT rewards to BERA and can use that BERA to swap in BEX or participate in other aspects of the Berachain ecosystem!
If you are an institutional investor looking to stake Berachain (BERA) with Chorus One, please reach out to us via our staking request form.
About Chorus One
Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.
EigenLayer recently upgraded to M2 Contract. This made it necessary for EigenPods created prior to this to be upgraded. So if your EigenPod was created prior to Stage 2, you will need to upgrade your EigenPod per the steps below. EigenPods that were created prior to M2 contract upgrades are required to have their balances reset to zero, then generate the proofs through the EigenLayer app in order to ensure proof accounting is accurate.
Note: This guide is useful for the native restaking users who want to delegate to Chorus One operator but don’t see any restaked tokens. This can happen when you restaked before the M2 upgrade. Following this guide you will start seeing your restaked tokens which can then subsequently be delegated to Chorus One
1. Go to https://app.eigenlayer.xyz/restake and connect your wallet
2. You will see a button to upgrade your EigenPod. Click Upgrade Eignepod
3. You will be shown a fee recipient warning, review the warning and click Continue
4. In case you have accrued any Consensus Rewards you might be asked to queue the withdrawal of the rewards before you can upgrade your EigenPod. Click Confirm.
5. Observe the Restaking Activated confirmation and explanation that Restaking will be available after the next beacon state update.
6. You can wait for the amount of time mentioned in the message. Come back later and hit the restake button to Restake your ETH
7. Once you restaked your ETH you can follow the steps in this delegation guide to delegate your restaked ETH to Chorus One operator
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. We are a team of over 50 passionate individuals spread throughout the globe who believe in the transformative power of blockchain technology.
OPUS Pool, powered by Stakewise, enables you to stake any amount of ETH with Chorus One, mint osETH, and directly deposit into EigenLayer in one flow. With the launch of Delegation on Eigenlayer you can now easily delegate your restaked position to Chorus One with a single click of a button.
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.
Opus Pool brings in a host of benefits for users. Let’s take a brief look at what you stand to gain.
1. Stake any amount of ETH and mint osETH
OPUS Pool enables a user to stake any amount of ETH (no 32 ETH minimum requirements) 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.
2. Low Fees
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.
3. Top-tier MEV Rewards
As pioneers in MEV research, our latest ace, Adagio - an MEV-Boost client, 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.
4. 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 stETH, cbETH, and rETH minted on other platforms, directly into EigenLayer.
The OPUS SDK: In addition to the benefits mentioned above, our Institutional clients can leverage the OPUS SDK to integrate ETH staking directly into their UI, providing their customers with all the benefits of the OPUS Pool seamlessly. To know more, please reach out to staking@chorus.one.
Now, let’s move on to the guide.
1. To start staking, head over to https://opus.chorus.one/pool/stake/ and connect your wallet.
2. Select your desired wallet. Note that you can use WalletConnect if you want to connect through Ledger Live.
3. Once connected, make sure you are on the Stake tab. You can see all the tabs on the left-hand-side of the screen.
3. Enter the amount you would like to stake. You can see the estimated amount of daily/monthly/yearly rewards you will earn with this amount of stake.
4. Hit Confirm and Stake button and sign the transaction in your wallet
5. Congratulations, you have now successfully staked your ETH! As a next step you can go to the dashboard to look at the summary of your staking position or you could head over to the Mint osETH section under Staking tab to mint some liquid staking tokens for your staked position
1. In case you want a liquid token representation of your stake you can head over to the Mint osETH section under the Staking tab on the left of the screen. You will see the amount of ETH you have staked. You will also see the amount of osETH you have already minted (if any).
2. Enter the amount of ETH you would like to use to mint osETH.
3. Click on Mint button and approve the transaction in your wallet
4. Congratulations! You have successfully minted osETH for your staked ETH. You can now head over to the dashboard to view your staked position and osETH summary. You can alternatively restake your osETH to Eigenlayer.
5. In case you want to reverse the minting process, you can burn your osETH to get ETH back. Select the Burn osETH section under the Staking tab on the left menu, enter the amount you would like to burn and hit Burn
6. Once you click on Burn, you will be prompted to sign the transaction in your wallet. Upon signing, you will have successfully completed the burn process
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.
2. Note: EigenLayer intermittently pauses staking when the limits for restaking have exhausted. They usually announce the lifting of the limits on their Twitter and discord. You might encounter the following screen when there is a pause by the Eigenlayer team.
3. In case deposits into Eigenlayer are live you may select the LST that you possess, enter the desired amount that you would like to restake and hit the Restake button
4. You will be prompted to approve the restaking transaction first and then finally sign the restaking transaction in your wallet.
5.Once you sign, you will have successfully restaked to Eigenlayer. In case you delegated to Chorus One operator earlier, your restaked assets will be automatically delegated. If not, you can go back to the dashboard to delegate your assets to Chorus One or view the summary of your staked position.
1. Eigenlayer recently launched their delegation manager contract and enabled staker delegations. This will allow anyone with restaked ETH or restaked LSTs to delegate their restaked position to an operator of their choice. To delegate your stake to Chorus One, head over to the dashboard by clicking on the Dashboard button on the left navigation bar.
2. In case you have not already delegated to another operator, you can click on the Delegate to Chorus One button.
3. You will be prompted to sign a transaction in your wallet. Once you sign, you will see the following screen. Congratulations your restake position is now successfully delegated
4. Alternative, you can go directly to Eigenlayer App - https://app.eigenlayer.xyz/operator and search for Chorus One operator
5. Click on the Chorus One card that shows up
6. If you have not previously delegated to any operator, you will see a Delegate button on the right of the screen. You will also see a message “You currently have a restaked balance that is not delegated”. Click on the delegate button and sign the transaction in the wallet.
7. Congratulations you have successfully delegated your stake
Switching node operators means moving your restaked funds from supporting the original node operator supported AVSs to Chorus One supported AVSs.
Note: Switching operator requires you to sign 3 transactions. The first transaction queues the withdrawal of your restaked assets. This is a prerequisite of the Undelegation function. The second transaction undelegates your restaked position. The final transaction delegates to Chorus One. You will need to restake your assets again after you switch the operator. You may not be able to restake your assets until Eigenlayer reopens the deposit cap.
2. Click on Switch Operator and sign the transaction in the wallet
3. You will see another transaction pop up to undelegate from the operator. Sign the undelegation transaction
4. Finally you will see your wallet prompt you to sign the delegation transaction which delegates to Chorus One. This is the final transaction in this process
5. Once the transaction is confirmed you will have successfully delegated to Chorus One. Make sure to go back to the restaking tab and start restaking your assets
*Note: For the time being, please use https://app.eigenlayer.xyz/ to unstake osETH from EigenLayer.
1. To unstake from OPUS Pool, go to the Unstake Section under the ‘Staking’ tab in the menu on the left navigation bar.
2. Enter the amount of ETH you would like to unstake and hit the Unstake button
Note: If you minted osETH at any point any time against your staked position, you might have to burn that amount to unstake all your ETH
3. You will be prompted to sign the unstake transaction in your wallet. You have successfully unstaked your position. Once you unstake your ETH enters the withdrawal queue. You will see a progress bar right below the success message that lets you know the status of your withdrawable stake. Once it becomes ready for withdrawal you will see a button to claim the stake back into your wallet.
4. You can come back to the Unstake tab at a later point and check the status of your withdrawal.
2. Select the LST you want to unstake and enter the amount
3. Hit the Unstake button and sign the transaction in the wallet
4. You have successfully unstaked.
2. You will be prompted to connect your wallet. Click on the button and select your preferred wallet
3. You will be shown a screen with terms and conditions. You will need to sign the terms and conditions using your wallet
4.
5. After you sign you will be shown your connected wallet. Click on NEXT to view your Claim Eligibility
6. You will be shown the number of tokens you got.
7. Click on CLAIM NOW button to initiate the claim transaction. Go ahead and sign it in your wallet
8. Once you sign the transaction you will see the success screen as shown below
9. Your EIGEN token will start reflecting in your wallet. You can see the token contract here - https://etherscan.io/token/0xec53bf9167f50cdeb3ae105f56099aaab9061f83
10. Congratulations, you have claimed your EIGEN drop. In the next few steps, we will take you through how to restake these tokens and delegate to your favorite operator to boost your gains
11. Now you have two options. You can either use the EigenLayer guide and their instructional video OR, you can simply connect with OPUS Pool here - https://opus.chorus.one/pool/restake/ and go to the Restake page under the Eigenlayer tab.
12. You will see your EIGEN token allocation. Select the token and enter the amount you want to restake
13. Once you click on Restake you will be asked to Approve first before staking
14. Once you approve, you will be prompted to sign the actual restaking transaction
15. Congratulations you have restaked your EIGEN tokens. If you already delegated to Chorus One earlier you will see the following
If not, you can scroll up and see how to delegate to Chorus One operator
16. You can go back to the Opus dashboard to look at your assets
If you are not eligible for the airdrop you might see the following screen. Stay tuned to Chorus One twitter to get the latest updates.
Resources
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. We are a team of over 50 passionate individuals spread throughout the globe who believe in the transformative power of blockchain technology.
Step 1: Visit the EigenLayer Dapp and create an EigenPod.
Step 2: Login to your OPUS ‘Dedicated’ account at https://opus.chorus.one/.
Step 3: Create your validator/s with the withdrawal credentials pointing to your EigenPod.
Step 4:Once your validators are live, you can restake your ETH on EigenLayer.
Step 5: Click on ‘Restake’.
Step 6: Confirm transaction!
Step 7: Delegate to Chorus One.
Eigenlayer revolutionizes the Ethereum network by introducing "restaking," an innovative concept that enhances cryptoeconomic security. This novel approach allows ETH, whether staked directly or via liquid staking tokens like stETH, rETH, cbETH, and LsETH, to be rehypothecated within the consensus layer. This enhances the utility and security of staked assets.
Users engaging in Ethereum staking, either directly with ETH or through various liquid staking tokens (such as stETH, rETH, cbETH, and LsETH), have the opportunity to participate in EigenLayer's smart contracts. By opting to restake their assets, users can amplify cryptoeconomic security beyond Ethereum itself, extending it to a multitude of other applications on the network.
To learn more about EigenLayer and its technology, please visit https://www.eigenlayer.xyz/
Note: Restaking LSTs with EigenLayer is currently on hold and will resume once the deposit cap is raised. In the meantime, you are welcome to use OPUS 'Pool' to stake any amount of ETH and mint osETH. Visit OPUS 'Pool' here.
Engaging with EigenLayer by depositing your staked ETH enables you to accumulate ‘Restaked Points’, reflecting your contribution to the EigenLayer ecosystem's collective security. These points are calculated based on the duration and amount of your staking participation.
By accumulating ‘Restaked Points’, you not only enhance your rewards on your staked ETH but also become eligible for potential airdrops!
Note: Please be aware that although staked ETH deposits into EigenLayer are currently accepted and can be withdrawn at any time, rewards can only be redeemed after the launch of EigenLayer’s Mainnet and once the Activated Validator Services (AVSs) utilizing EigenLayer's pooled security become operational.
Chorus One makes the staking and restaking process straightforward and efficient.
Users can restake ETH with Chorus One using OPUS ‘Dedicated’, our ETH staking platform that supports the customization of validator withdrawal addresses to enable native staking with your EigenPod.
This underscores the importance of judiciously selecting a node operator to delegate your staked ETH to, taking into account their specific restaking and AVS strategies.
Additionally, please be aware that before restaking your ETH deposit's, withdrawal address is set only once and cannot be changed after the staking deposit. Please Choosing EigenPod Address as the withdrawal address means you accept the risks of the EigenLayer smart contract and acknowledge that Chorus One cannot alter this address.
Below, we have provided a step-by-step guide to help walk you through the process of setting up an EigenPod, creating your validator/s, depositing staked ETH into EigenLayer, and delegating to Chorus One.
Step 1: To start restaking your ETH to EigenLayer, you’ll need to first create an EigenPod on EigenLayer by visiting EigenLayer Dapp.
To begin restaking, you will first need to create an EigenPod address. This address will connect with your wallet and be used as the withdrawal address when you create a validator from the stakefish Ethereum staking dashboard.
1. Start by visiting EigenLayer Dapp and connect your wallet, making sure you’re connected to the Ethereum Mainnet. You will be prompted to sign the terms of service using your wallet. Click on Sign to enter the EigenLayer Dapp
2. Then proceed to connecting your wallet.
3. Once you have connected your wallet, click on ‘Restake your Tokens’.
4. Next, click on ‘Create EigenPod’.
The EigenPod address created is responsible for all subsequent restaking and withdrawal operations from that EigenPod.
5. Upon submitting the transaction for creating Eigenpod you will see Metamask pop up.
6. Once you have confirmed the EigenPod creation on your wallet, you will see the following screen:
7. Your EigenPod Address is now available, and will have to be used as your withdrawal address on the OPUS portal. Copy the EigenPod Address into your clipboard.
Step 2: Restaking with Chorus One
8. Login to your OPUS ‘Dedicated’ account by visiting https://opus.chorus.one/portal/login
9. Once you have entered the portal, the first step is to connect your wallet.
10. Once you have connected your wallet, you’ll need to create a validator by clicking on ‘Stake ETH’.
11. Select the amount of ETH you would like to stake.
12. Then, make sure to click on ‘Change rewards withdrawal address’, and click on ‘Edit’ .
13. Now, paste the EigenPod Address as your Withdrawal Address.
14. Once you have confirmed the addresses, click on ‘Confirm and Stake’
15. Once you confirm your transaction on your wallet, you have set up your ETH validator Chorus One.
Step 3: Restaking in Eigenlayer
16. If you have correctly set your withdrawal address as the EigenPod address, the Eigenlayer interface will start reflecting your total staked amount as restaked into Eigenlayer. Note: You do not have to perform any extra steps for restaking.
17. Note: At present, you can only deposit your staked ETH into EigenLayer; the option to delegate to node operators is not yet available.
We will notify you once the delegation feature on EigenLayer becomes operational, indicating that it's time to delegate your restaked ETH. At that point, you will be able to delegate to Chorus One with just a few clicks.
18. To delegate, click on ‘Dashboard’ and then ‘Delegate your Stake’.
19. Then, search for ‘Chorus One’ validator and click on ‘Manage’.
20. Then, click on ‘Delegate’.
21. Once you confirm your transaction on your wallet, you have successfully delegated to Chorus One!
To get started restaking, please visit the:
EigenLayer dApp at https://app.eigenlayer.xyz/
OPUS ‘Dedicated’ at https://opus.chorus.one/
If you’re interested in staking/restaking with Chorus One, or learning more, simply reach out to us by responding to this email and we’ll be happy to get back to you!
Here are some useful resources for your benefit:
Additionally, if you’d like us to share further resources on any topic, please let us know!
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.
