Binance is rebranding ETH 2.0 Staking to ETH Staking, and introducing Wrapped Beacon ETH (WBETH) on the ETH Staking service, effective from 2023-04-27 08:00 (UTC). WBETH is a new liquid staking token, where 1 WBETH represents 1 BETH and the total staking rewards accrued by the BETH token on ETH Staking after 2023-04-27 08:00 (UTC).
WBETH will allow users to participate in DeFi projects outside Binance, while ensuring their eligibility to receive the corresponding ETH Staking rewards accrued.
Integrating WBETH will bring many benefits to LSD World, as Binance's influence will bring a large number of users to WBETH and also promote the decentralization of LSD.
WBETH Contract: 0xa2E3356610840701BDf5611a53974510Ae27E2e1
More Details of WBETH:
The purpose is to propose the launch of a new WBETH Mining Pool by Agility to onboard more users who are interested in Liquid Staking. This proposal is in response to Binance's new WBETH service and aims to bring the benefits of liquid staking to a wider audience.
Agility will launch a new WBETH Mining Pool to onboard more users who are interested in Liquid Staking.
Voting ends at 7 am on 27th April(UTC).
Option: Yes, No, Abstain