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Beacon ETH (BETH) - ETH
Ξ 0.9999
7 min ago
0.00%
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Mkt. Cap.
-
Vol. 24H
BETH 263.60
(Ξ 263.58)
Open 24h
Ξ 0.9999
Low/High 24h
Ξ 0.9999
-
Ξ 1.000
In order to support ETH 2.0’s proof-of-stake mechanism and improve the liquidity of staking, several exchanges have issued a token that is anchored to the on-chain staked asset for participants on the respective exchanges. BETH will be the only proof that users can redeem ETH at a ratio of 1:1. Note that these are tokenized versions created by exchanges, they should not be withdrawable, but if they are, they should not be sent to other exchanges without confirming that they are compatible.
Whitepaper
Launch Date
2020-12-01
Max Supply
Not Applicable
Total Supply
-
Circulating Supply
-
Mkt. Cap. Penalty
0 %
Website
Built On
BNB
Token Standard
BEP20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
ETH
Beacon ETH (BETH) is a cryptocurrency token representing a user’s stake in the Ethereum 2.0 (Eth2) Proof-of-Stake blockchain. It is a one-way, one-to-one peg to Ethereum (ETH) locked in the Beacon Chain, the PoS blockchain that will eventually merge with the current Ethereum mainnet to form Ethereum 2.0. BETH is used to denote a user’s stake in the Ethereum 2.0 network and as an incentive for users to participate in securing the Ethereum network, as they receive staking rewards in the form of additional BETH. Holding BETH also enables users to participate in Eth2 governance proposals.
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