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osToken

Staked ETH and GNO earn rewards, but the stake itself is a non-transferable share of the staking pool. osToken turns that stake into a transferable asset that can be used across DeFi to earn additional rewards.

osToken is the generic name for StakeWise's network-specific liquid staking ERC-20 tokens:

  • osETH on Ethereum
  • osGNO on Gnosis Chain

osToken is overcollateralized: more ETH or GNO is always staked than osToken issued. osToken is a repricing token: it accrues staking rewards by appreciating against the underlying asset, rather than increasing the token balance in the user's wallet.

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