Binance staked ETH protocol
Overview
A liquid staking token called Binance Staked ETH (BETH) has been introduced by Binance. The token represents ether that has been deposited on the Ethereum blockchain via the exchange's service. Holders receive a transferable asset while the original ETH generates staking income. Binance acts as the custodian for BETH, making it a centrally managed product.
Within The Counterparty graph, Binance staked ETH connects to 4 tracked entities, most strongly to Ethereum, BNB Chain, Binance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | BNB Chain | 95% |
deployed_on | Binance | 95% |
issued_by | Coinbase | 50% |
Frequently asked questions
What is Binance staked ETH?
Binance staked ETH is a liquid staking tracked in The Counterparty knowledge graph. It is connected to 4 other tracked entities, most strongly to Ethereum, BNB Chain, Binance.
What type of entity is Binance staked ETH?
Binance staked ETH is classified as a liquid staking (protocol) in The Counterparty knowledge graph.
What is Binance staked ETH connected to?
In The Counterparty knowledge graph, Binance staked ETH is linked to 4 other tracked entities, most strongly to Ethereum, BNB Chain, Binance.