Technical Architecture
rsETH smart contracts are designed to isolate deposits, delegations, and withdrawals. These contracts provide a separation of concerns, reducing the surface area of risk.
Let’s understand the most important modules of rsETH in detail.
Restaker deposits LST and mints rsETH
Moving assets to Node Delegator Contracts
Moving assets to Strategies
Unstake/Withdrawal of assets
Assets will be undelegated from operators to the Node Delegator contracts and then passed to the Withdrawal Manager which ensures the right proportion of assets are passed on to the user The contracts and functionalities allowing users to unstake and withdraw assets to their wallets are just a few weeks away.
Various other modules support the main flows. They are as follows:
Registry: All operators, services, and assets part of the rsETH ecosystem will be registered on the Registry Module. This module also stores metadata associated with these entities and some key central properties of rsETH
Oracle: This module will be used to push real-time prices of supported assets to the rsETH contracts. The exchange rate thus formulated with the help of these real-time prices will be useful in minting and burning the right amount of rsETH for deposits and redemptions respectively. Governance: Set of contracts that translate successful proposals into executable code to change smart contract behavior.
Reward Market: This module will be capable of availing non-ETH rewards into different extra-yield strategies. With AVS’ explosion, this module will become the foundational layer to optimize and assess risk for different governance and utility tokens obtained as rewards.
A detailed flow of the rsETH offering:
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