Binance Beacon ETH
$2,978.48
5.59%
Past Day
Market Stats
Market Cap
$13.17m
24h Volume
$23.75k
FDV
$13.17m
Max Supply
4.44k
About
Contract
0x2506...a91B
Created
Dec 22, 2020
Website
ethereum.org
𝕏
Twitter
@ethereum
Reddit
/r/ethereum
What is Binance Beacon ETH?
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.