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staking

Fuel Staking

Rejected
Max sleeve
Reviewed
2026-08-16 · v1
Next review
2026-11-15
Research basis
Individual research
Chains
Ethereum · sovereign

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Fuel Staking is an unresolved coverage identity, not an evidenced below-threshold pool. DefiLlama retains a dummy Fuel Ignition record with null TVL and no current samples; The Rig says every remaining native L2 stake migrated to stFUEL on October 7, 2025, while Fuel’s current stable documentation still instructs users to stake on Fuel and lists both L2 Staking and The Rig mainnet contracts. Ethereum-origin Shared Sequencer delegation is also live but is not measured by this slug. Rejected at zero as an individual version-1 lifecycle blocker until the tracked product, contracts, balances and successor boundary reconcile.

The research file

Mechanism applicability

Fuel uses FUEL delegation to validators securing its Tendermint proof-of-stake Shared Sequencer Network. Ethereum-origin delegation selects a validator and returns principal only after an unbonding sequence. Fuel-native documentation instead describes automatically distributed delegation through Ignition. The Rig pools FUEL across operators and issues stFUEL. These are distinct direct and liquid-staking claims, so a null aggregate slug cannot establish which contracts, receipt or exit the client would hold.

Current observation and lifecycle conflict

The DefiLlama protocol API read on 2026-08-16 still identified Fuel Staking on Fuel Ignition but used dummy.js, returned null TVL and exposed no current chain samples. The Rig says all remaining L2 positions were automatically converted to stFUEL on October 7, 2025. In tension with that statement, Fuel’s current stable documentation still provides a Stake on Fuel workflow, and its verified-address registry lists both a Fuel-mainnet L2 Staking contract and The Rig contract. The source set therefore does not evidence either complete retirement or a current attributable balance.

Control and exit applicability

Delegators choose validators and bear validator, smart-contract and token-price risk. Ethereum-origin unstaking requires a 14-day unbonding period plus approximately 4,096 sequencer blocks before funds return to Ethereum. Migrated native positions depend on The Rig and stFUEL liquidity or its withdrawal path, adding liquid-staking contract and secondary-market dependencies to the original validator exposure.

Security and incident evidence boundary

Fuel publishes current verified addresses for the sequencer, L2 Staking and The Rig, while The Rig cites an Oak Security audit. Those facts do not map a single audit and incident history to the null DefiLlama slug or prove whether legacy native balances remain. A decision-grade review must identify the exact held contract and receipt, verify its upgrade and emergency authorities, reconcile validator and slashing exposure, and distinguish legacy L2 stake from The Rig stFUEL and direct Ethereum delegation.

Decision, comparison and exact unresolved evidence

Null is not evidence of TVL below $100M, and contradictory successor documentation prevents a class-rule shortcut. The active coverage record remains an individual rejected memo because deleting or archiving it would break live coverage while treating it as current native staking would invent operation. Resolution requires a primary migration completion record or onchain transaction set mapping every legacy L2 receipt into stFUEL, the exact currently callable L2 Staking and The Rig implementations and administrators, receipt supply and attributable reserves, and confirmation of whether the survey slug measures legacy stake, stFUEL, direct Ethereum delegation or none of them. A proposed-size exit must then be demonstrated and compared across direct Ethereum delegation and The Rig on validator control, slashing, authorities, audit coverage, liquidity and withdrawal timing.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.

ChainVerdictGradeControl constraint
EthereumApproved sovereign No sequencer, no upgrade key, no operator who can be compelled — rule changes require social consensus.
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