Understand the route before you sign
StakeHouse Public Earn uses a dedicated wrapper contract to route assets into a disclosed third-party yield protocol. The wrapper makes StakeHouse-attributed accounting possible; it does not remove the risks of the underlying protocol.
Returns are variable and may be negative. Withdrawals can be delayed by liquidity conditions and, during an irreversible emergency mode, may be settled in underlying vault shares plus any idle deposit asset instead of the asset you originally deposited.
Product structure
When a Public wrapper route is available, you deposit the listed asset into a non-upgradeable StakeHouse ERC-4626 wrapper. The wrapper invests into one immutable underlying ERC-4626 vault and issues non-transferable receipt shares to your wallet.
- The product detail must identify the wrapper, deposit asset, network, underlying protocol, underlying vault, fees, and current controls before you sign.
- The underlying protocol may be operated and governed by an independent third party. Its contracts, governance decisions, incidents, limits, or insolvency can affect the wrapper.
- Receipt shares represent your proportional claim on wrapper assets. They are not cash, a bank deposit, or a guaranteed redemption amount.
Returns, NAV, and displayed data
Any APY, expected range, NAV, TVL, or performance chart is an estimate or historical observation, not a promise. Actual results depend on the underlying vault share price, fees, transaction timing, liquidity, and asset prices.
- Displayed data can be delayed, incomplete, or temporarily inconsistent because RPC providers, indexers, price sources, or scheduled snapshots can fail.
- For an approved stablecoin route, a 1:1 USD valuation is an operating assumption, not a guarantee. A stablecoin can depeg, freeze, or become illiquid.
- Future non-stable or multi-asset routes require explicit price sources and may introduce oracle, market, slippage, and liquidation risk.
Principal risks
You may lose some or all of the assets you deposit. A contract review, audit, test, monitoring system, or risk label reduces uncertainty only to a limited degree and cannot prove that a route is safe.
- Smart contract risk includes coding defects, unexpected integrations, economic attacks, compromised keys, and failures in the wrapper, token, or underlying protocol.
- Protocol risk includes governance changes, upgrades, bad debt, oracle failure, liquidity withdrawal, caps, pause events, and changes to fees or redemption rules.
- Network risk includes congestion, gas spikes, reorgs, RPC failure, L2 sequencer downtime, and bridge risk where a bridged asset or message is involved.
Liquidity and emergency redemption
A successful deposit does not guarantee immediate withdrawal. Standard redemption depends on the wrapper's idle assets and the amount the underlying vault permits the wrapper to withdraw at that time.
- A withdrawal can revert, settle for less than an earlier preview, or remain unavailable while contracts are paused or liquidity is constrained.
- The guardian can pause the wrapper. While paused, new deposits stop; the ability to complete standard withdrawals depends on contract state and underlying liquidity.
- After the guardian irreversibly enables emergency in-kind redemption, users may receive underlying vault shares and idle deposit assets. Users may then need to interact directly with the underlying protocol and bear its withdrawal costs and risks.
Permissions, fees, and operations
The wrapper separates administrator, guardian, and fee-manager permissions. The underlying vault and deposit asset are immutable for a deployed wrapper, but authorized roles still control specified operational actions.
- The administrator manages roles and can recover unrelated tokens, but cannot use the rescue function to remove the configured deposit asset or underlying vault shares.
- The guardian can pause operations and, only after a pause, irreversibly enable emergency in-kind redemption.
- The fee manager can set entry and exit fees within contract caps. The applicable fees shown in the product and wallet preview should be reviewed before signing.
Transactions and StakeHouse attribution
Blockchain transactions are generally irreversible. Check the network, token, amount, approval, destination contract, minimum received amount, and gas estimate in your wallet before signing.
- StakeHouse Public portfolio reporting counts wrapper events attributed to your connected wallet. Positions opened directly on an underlying protocol are not included.
- The website is an interface. If displayed information conflicts with confirmed on-chain state, the relevant contract state and transaction receipt control the accounting investigation.
- Never share a seed phrase or private key. StakeHouse support should not ask you to send assets to resolve a withdrawal or unlock an account.
Eligibility and responsibility
This page is a product risk summary, not investment, legal, accounting, or tax advice. Product access may be restricted by jurisdiction, wallet, network, protocol status, or applicable law.
- Crypto assets and wrapper shares are not bank deposits and do not carry FDIC, SIPC, or equivalent deposit protection merely because they are shown in StakeHouse.
- You are responsible for deciding whether a route is lawful, suitable, and affordable for you, including obtaining professional advice where needed.
- Only deposit assets you can afford to lose and do not proceed unless you understand both the wrapper and the disclosed underlying protocol.