βοΈSignature Stakes
What is a Signature Stake?
A Signature Stake is a WISE stake created with the "I prefer this stake to be transferable" option enabled when staking WISE. Unlike a standard stake, a Signature Stake:
Can be transferred to another wallet or used directly by third-party DeFi protocols
Remains scrapable β interest can be collected at any time without affecting the principal
Keeps earning its full staking APY and bonuses for the length of the stake, for durations up to 42 years
Signature Stakes as Collateral
Because a Signature Stake is a transferable, verifiable on-chain position with a predictable, growing value, it can be pledged as collateral to open a line of credit without ever unstaking β and therefore without losing β the underlying WISE.
This already works today on general-purpose NFT/position-collateral lending markets such as anvil.xyz, and is also the foundation for a native Wise collateral product currently in development.
The Largest WISE Staking Position
The Signature Stakes contract (0x48791DbDFB38bAA58e48329148C321bF33B3c1e1) is the single largest WISE staking position in the ecosystem β holding roughly a quarter of all staked WISE. See the live breakdown of top WISE holders on DeBank.
How to Create a Signature Stake
Go to https://stake.wise.one and click Create WISE stake.
Set your staking amount and duration as usual.
Turn on I prefer this stake to be transferable.
Confirm the transaction β your stake is now transferable and can be used as collateral.
See Staking WISE for the full walkthrough of creating, scraping, and terminating stakes.
Last updated