stOLAS is a liquid staking token (LST) that represents a share of OLAS held and managed by the `stOLAS` vault on L1.

Its value is expressed via price-per-share (PPS): as protocol reserves grow from staking rewards bridged from L2, PPS increases and each stOLAS is redeemable for more OLAS over time.

• Users deposit OLAS through the system's Depository module (the only allowed caller of stOLAS.deposit()).
• The protocol stakes OLAS on L2 services. Rewards accrued on L2 are bridged back to L1 and topped up into the vault's reserves.
• The vault updates internal accounting (totalReserves = staked + vault + reserve), and PPS increases accordingly.
• Withdrawals are requested and finalized by the Treasury module (see below).

• Smart-contract risk. Bugs or unforeseen interactions in the contracts.
• Cross-chain/bridge risk. Messages and funds move between L2 and L1; delays or failures can impact withdrawals and rewards.
• Operational/configuration risk. The L2→L1 routing must be set so that rewarded/unstaked OLAS return to Treasury; misconfiguration can delay finalization.
• Liquidity/withdrawal timing risk. If the vault has insufficient immediate liquidity, withdrawals depend on unstaking on L2 and bridging.
• Governance/upgrade risk. Parameters and upgrade flows are governed; poor process control can introduce risk.
• Market risk. Secondary-market price of (w)stOLAS may deviate from PPS (if/where a market exists).

At the contract level (audited commit), we did not identify a protocol fee taken on deposit or withdrawal.

Protocol fee is taken from rewards on L2 in order to manage all the required maintenance costs.

Another part of rewards fee is taken on L1 in order to increase the protocol veOLAS lock.

Users pay gas fees and, if a withdrawal requires bridging/unstaking, network/bridge costs may apply.

Third party integrations (DEXes, aggregators) may charge their own fees.

Governance can introduce changes in the future; always check the app for current parameters.

• Mint: Deposit OLAS through the official front‑end/wallet flow (invoking the Depository, which calls `stOLAS.deposit()` on your behalf).
• Buy: Acquire on a secondary market/DEX if listed (availability is not guaranteed).

• Hold to participate in PPS growth as L2 rewards are added to reserves.
• DeFi integrations (if/when available): use as collateral, provide liquidity, etc. Integration availability is ecosystem-dependent and not guaranteed by the protocol.

Use the app to request a withdrawal. The Treasury records your ticket (ERC-6909 semantics / cooldown applies) and redeems your shares against available liquidity.

If there is a shortfall, an unstake on L2 is triggered and OLAS are bridged back to L1.

After cooldown, you finalize to receive OLAS.

Alternatively, a secondary-market swap may provide an earlier exit (subject to price and liquidity).

Initially for alpha and beta versions there will be stake limits.

After more protocol stability is traced, there will beno on-chain hard cap specific to a single user in the audited contracts.

Practical limits arise from gas costs, wallet/app minimums, and overall protocol capacity.