weETHs (Super Symbiotic LRT)
Overview
weETHs, the Super Symbiotic LRT, is intended to provide ether.fi customers an easy onboarding into the Symbiotic ecosystem. Unlike other LRTs, users have numerous deposit options including WETH, eETH, weETH, wstETH, cbETH, bETH, rETH, mETH, swETH, etc. These assets will be directly restaked on Symbiotic each time the deposit caps are raised.
Key Benefits
Earn staking yield
Don’t worry about tracking when Symbiotic deposit caps will be lifted
Access multiple point programs: Symbiotic points, ether.fi points and Veda points
Audits & Contract Deployments
Audits
https://github.com/Se7en-Seas/boring-vault/tree/main/audit
Contracts
BoringVault: 0x917ceE801a67f933F2e6b33fC0cD1ED2d5909D88
Token: 0x917ceE801a67f933F2e6b33fC0cD1ED2d5909D88
Accountant: 0xbe16605B22a7faCEf247363312121670DFe5afBE
Lens: 0x5232bc0F5999f8dA604c42E1748A13a170F94A1B
Teller: 0x99dE9e5a3eC2750a6983C8732E6e795A35e7B861
Super Symbitoic FAQS
Are deposits in the vault capped?
No caps on launch of the vault. We’ll monitor the vault activity and total deposits, and will introduce caps if required for a healthy balance of Symbiotic points across deposits.
Does this also have a 72 hour withdrawal period like other vaults?
No, it is a 7-day withdrawal period. While most withdrawals will complete well before this maximum window, this is an additional safety mechanism added by Veda.
Is there any benefit to depositing a certain token over another?
No. All deposits are treated the same.
What are Veda points, who is Veda?
Veda is the first Native Yield Layer and the protocol powering Liquid and the Super Symbiotic LRT. You can learn more about Veda on X https://x.com/veda_labs
Where can I see my Veda points earned?
The Veda points dashboard is under development but is expected to be available in a few weeks. You can learn more about Veda on X https://x.com/veda_labs
Where can I see my Symbiotic points earned?
On the ether.fi App (coming soon)
Who audited the vault?
The vault was audited by Macro and Spearbit https://github.com/Se7en-Seas/boring-vault/tree/main/audit
How is weETHs different from other Liquid LP tokens?
You will be able to use weETHs in DeFi for all the things you know and love. More big news on this coming soon.
Any yields earned on this vault other than points?
You will earn the composite staking rate of all yield bearing assets in the vault.
Do I still earn my ~3% APY like I get for holding eETH?
You earn the composite staking rate of all yield bearing assets in the vault.
How does this give me more points, or even the same amount of points vs depositing directly into Symbiotic?
Symbiotic only accepts deposits until the deposit cap for a given asset is reached. Those deposits are the only ones that earn Symbiotic points until deposit caps are raised again. This is true for all deposit methods.
Users that deposit on Symbiotic directly only earn Symbiotic points.
Users that deposit into Super Symbiotic earn Symbiotic points, ether.fi points and Veda points.
Do I still earn staking rewards like I do with eETH?
You earn the composite staking rate of all yield bearing assets in the vault.
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