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Binance ETH staking BETH
BETH
3557.6
$
7.97 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 67,924
Total Supply
1,500,000
BETH
$
Description
BETH is a tokenized asset representing Binance user's staked ETH at a 1:1 ratio, with Binance distributing staking benefits in the form of BETH on a daily basis. During the lock-up period, which may take 2 years or even longer, users will not be able to redeem their ETH. As such, Binance have launched the BETH/ETH trading pair as our solution to this liquidity problem. When ETH 2.0 goes live, users will be able to swap their ETH back based on their BETH holdings.