> For the complete documentation index, see [llms.txt](https://docs.hord.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hord.fi/hord-eth-staking/hord-reward-model.md).

# Hord Reward Model

At Hord, stakers start earning staking rewards from the moment they receive hETH without the need to wait for validator activation. The liquid token hETH represents the stake and rewards generated by the entire Hord ETH staking pool. As such, the value of hETH isn’t pegged to the value of ETH and is anticipated to increase over time in relation to ETH.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.hord.fi/hord-eth-staking/hord-reward-model.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.