FAQ - Frequently Asked Question

Frequently Asked Questions

NodeDAO Services

What staking options are available in NodeDAO?

You can choose to stake any amount of ETH into the NodeDAO pool.

Is NodeDAO safe to use?

At NodeDAO, we take all necessary precautions, including code audits, to ensure the security of our platform. However, we still encourage users to do their own due diligence (DYODD) before making any deposits.

How does NodeDAO minimize the risk of slashing and penalties?

The NodeDAO protocol further reduces the possibility of slashing through DVT technology. At the same time, once a slashing occurs in any case, the DAO will coordinate the Operator to jointly complete the compensation for the slashing.

Why choose NodeDAO?

Maximized yield mining pool solution - Built on a foundation of security, our mining pool solution charges competitive fees and tokenizes deposits and rewards to optimize users' staking returns. If you prioritize yield, liquidity of equity, and the opportunity to maximize profits in DeFi, then this mining pool is for you.

Established Track Record - With the founding organization's extensive experience working on various blockchain projects, and with a decentralized Ethereum staking network in mind, NodeDAO has gone above and beyond to stress test and perfect our systems.

NodeDAO Pool

How does the NodeDAO Pool work?

Through its Pool product, NodeDAO operates a network of validators. For every set of 32 ETH deposited by a user, NodeDAO will build a new validator and integrate it into the network. The rewards generated by these validators are distributed to users in proportion to their ETH contribution to the pool.

What is the minimum staking amount?

There is no minimum amount required.

How do I track my staking reward amounts in the NodeDAO pool?

You can track them from the various operators' platforms.

How do I withdraw my deposits and rewards from the NodeDAO pool?

Pre-Shanghai, stakers will find nETH liquidity on the open market. The price of nETH will be determined by stakers' demand to buy nETH against the open market price and yield, and by operators who may take advantage of arbitrage opportunities to reduce their stake in the liquidity pool.

After the Shanghai upgrade, NodeDAO users will be able to redeem their nETH tokens for ETH directly within the platform at a rate proportional to the ETH and nETH supply.

Is NodeDAO non-custodial?

Funds are locked in the Ethereum network, and withdrawals are implemented by the liquidstaking contract managed by the DAO.

Do I get nETH rewards by staking in NodeDAO?

With NodeDAO, staking your ETH will always earn rewards, which will be recorded on the beacon chain. Our tokens serve as proof of your ETH deposit and accumulated rewards, allowing you to trade, earn more returns, and even use them as collateral for borrowing.

What happens if I transfer/swap my nETH tokens?

When you swap or transfer nETH tokens that represent your rewards in the NodeDAO pool, you are actually transferring your principal and rewards to someone else.