Etherscan (deposit?)

Hi, I was curious to know what does "method", "deposit" do? Is the funds being transferred elsewhere or being deposit as in staked somewhere?

Thanks in advance!

https://preview.redd.it/n1ahszh0mt391.jpg?width=111&format=pjpg&auto=webp&s=e98dc38b7a42fe080b50cdd880e50457e893a03d