🧬 What Is BETH?
BETH (Beacon ETH): Tokenized Staked Ethereum on Binance : BETH stands for Beacon ETH, a tokenized representation of staked Ethereum (ETH) primarily used on the Binance platform. It was created to simplify user participation in Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) through the Ethereum 2.0 Beacon Chain.
- Tokenized Staked ETH : Each BETH token represents 1 ETH staked via Binance on the Ethereum 2.0 Beacon Chain.
- Staking Rewards : Holding BETH entitles users to receive staking rewards earned by Binance’s validator node.
- Liquidity Advantage : Unlike traditional ETH staking, BETH provides liquidity — you can trade, hold, or use BETH while your underlying ETH remains staked.
🛠️ How to Use BETH
- Stake ETH via Binance
Deposit ETH into Binance’s ETH 2.0 staking program.
Receive BETH in return, representing your staked ETH. - Earn Rewards Automatically
BETH accrues staking rewards over time.
These rewards are reflected in BETH’s value or balance, depending on platform mechanics. - Utilize in DeFi
Use BETH across various decentralized finance (DeFi) protocols on Binance Smart Chain (BSC).
Supported use cases include yield farming, liquidity mining, and lending. - Trade or Convert
BETH can be traded on Binance.
After Ethereum enables withdrawals from the Beacon Chain, BETH can be redeemed for ETH.
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