What Is BETH?
BETH (Beacon ETH) is Binance’s tokenized representation of staked Ethereum (ETH), designed to make participation in Ethereum 2.0 seamless and rewarding. By staking ETH through Binance, users receive BETH tokens, which represent their staked ETH while providing liquidity and earning staking rewards.
What Is BETH?
BETH stands for Beacon ETH, and it is tied to Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Each BETH token corresponds to 1 ETH staked via Binance on the Ethereum 2.0 Beacon Chain.
- Staking Rewards: Earn rewards from Binance’s validator node.
- Liquidity Advantage: Trade, hold, or use BETH while your ETH remains staked.
- DeFi Compatibility: Use BETH across various decentralized finance protocols.
How to Use BETH
1. Stake ETH via Binance
Deposit ETH into Binance’s Ethereum 2.0 staking program and receive BETH in return. This token represents your staked ETH.
2. Earn Rewards Automatically
BETH accrues staking rewards over time, which are reflected in the value or balance of BETH depending on Binance platform mechanics.
3. Utilize in DeFi
- Yield farming
- Liquidity mining
- Lending
4. Trade or Convert
You can trade BETH on Binance or redeem it for ETH once Ethereum enables withdrawals from the Beacon Chain.
Why Choose BETH?
- Immediate liquidity compared to traditional ETH staking
- Passive rewards from staking without managing validators
- Opportunities in DeFi ecosystems while your ETH remains staked
Conclusion
BETH (Beacon ETH) is an innovative solution for Ethereum enthusiasts who want staking rewards, liquidity, and DeFi usability all in one. Whether you’re a long-term holder or an active DeFi participant, BETH makes staking Ethereum on Binance simple, flexible, and rewarding.
Tags: BETH, Binance, Ethereum 2.0, Staking, Beacon ETH, DeFi
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