Queue Snapshot

Overview

The "Queue Snapshot" indicator offers a quick overview of the total amount of ETH waiting to be either staked or unstaked from the protocol. This indicator is useful for understanding the current asset flows and the dynamics of the staking ecosystem.

How can I use it?

This indicator shows weETH transactions between staking and unstaking within the Etherfi protocol stacking mechanism. High staking transaction volumes can signal bullish sentiment. Conversely, increased unstaking volumes might indicate bearish sentiment. This indicator helps identify optimal times to stake your weETH for better returns, especially for quick entry. Additionally, understanding these transaction volumes aids in planning cash flows and timing withdrawals to meet liquidity needs.