Elute Separates a Liquid-Staking Token Into Principal and Yield

Field notes

The site models a liquid-staking token as a fixed deposit component plus subsequent rate movement, then uses stake-pool account data to decide which component receives the change. Its classification bands include rewards, negligible rounding noise, losses, and an unclassified state that returns null rather than silently settling. The page cites eight pools, a 10-basis-point split fee, and a worked example where a 5% rate rise leaves the displayed yield fraction at zero.