{"id":"wrapped-etherfi-eth-weeth","title":"Wrapped ETH (weETH)","content":"**Wrapped eETH (WEETH)** is a token that represents staked [Ethereum](https://iq.wiki/wiki/ethereum) within the [ether.fi](https://iq.wiki/wiki/etherfi) protocol, a decentralized and non-custodial [staking](https://iq.wiki/wiki/staking) platform. This token facilitates engagement in [DeFi](https://iq.wiki/wiki/defi) platforms by providing a fixed-balance representation of staked assets, allowing users to earn staking rewards efficiently.\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=5sGzRshU1t4)$$\n## Overview\n\nWrapped eETH (WEETH) is designed to offer a stable and reliable means of participating in the [Ethereum](https://iq.wiki/wiki/ethereum) [staking](https://iq.wiki/wiki/staking) ecosystem. By converting [eETH](https://iq.wiki/wiki/etherfi-staked-eth-eeth), which represents staked Ethereum with fluctuating balances, into WEETH, users can maintain a constant token balance. This feature is particularly beneficial for [DeFi](https://iq.wiki/wiki/defi) protocols that require fixed balances. The value of WEETH is intrinsically linked to eETH through a share system that reflects the owner's stake and accrued rewards. As a wrapped non-rebasing [ERC-20](https://iq.wiki/wiki/erc-20) version of eETH, WEETH enables users to earn native [ETH](https://iq.wiki/wiki/ethereum) staking rewards, participate in [EigenLayer](https://iq.wiki/wiki/eigenlayer) rewards, and engage in various DeFi protocols. [[1]](#cite-id-1u635lw0gg4) [[2]](#cite-id-GzDNSqFrar) [[3]](#cite-id-sp57h6Zgxi) [[4]](#cite-id-sFji7U5DbE) [[5]](#cite-id-UKFpYsOiWB)\n\n## History\n\nThe concept of Wrapped eETH emerged as a solution to the challenges faced by users in the [Ethereum](https://iq.wiki/wiki/ethereum) [staking](https://iq.wiki/wiki/staking) ecosystem. With the launch of [ether.fi](https://iq.wiki/wiki/etherfi), the platform aimed to provide a more decentralized and user-friendly staking experience. The introduction of WEETH marked a significant milestone in achieving this goal, offering users a more flexible and efficient way to manage their staked assets. [[7]](#cite-id-q1DIi22ovS) [[4]](#cite-id-sFji7U5DbE) [[2]](#cite-id-GzDNSqFrar)\n\n## Technology\n\nWrapped eETH leverages the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain's](https://iq.wiki/wiki/blockchain) capabilities to provide a secure and transparent [staking](https://iq.wiki/wiki/staking) solution. The token operates as an [ERC-20](https://iq.wiki/wiki/erc-20) token, ensuring compatibility with a wide range of [DeFi](https://iq.wiki/wiki/defi) applications. The wrapping process involves converting [eETH](https://iq.wiki/wiki/etherfi-staked-eth-eeth) into WEETH, allowing users to benefit from a stable token balance while still participating in the staking ecosystem. This process eliminates the need for automatic balance adjustments, providing a more predictable and user-friendly experience. \n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=pMd5yEfLMbU)$$\nThe WEETH token serves as a crucial component of the [ether.fi](https://iq.wiki/wiki/etherfi) ecosystem. It allows users to engage in [staking](https://iq.wiki/wiki/staking) activities without the complexities associated with fluctuating token balances. By holding WEETH, users can earn rewards from both native [ETH](https://iq.wiki/wiki/ethereum) staking and [EigenLayer](https://iq.wiki/wiki/eigenlayer), enhancing their overall returns. The token's design ensures that users can seamlessly integrate it into various [DeFi](https://iq.wiki/wiki/defi) protocols, maximizing their earning potential while maintaining a stable asset balance. [[6]](#cite-id-vLXNJQF6cC) [[7]](#cite-id-q1DIi22ovS) [[8]](#cite-id-vmpO7xzTrY) [[1]](#cite-id-1u635lw0gg4) [[3]](#cite-id-sp57h6Zgxi)","summary":"Wrapped ETH (WEETH) is a token representing staked Ethereum in the ether.fi protocol, facilitating fixed-balance engagement in DeFi platforms and staking rewards.","images":[{"id":"QmQbxghQn4SSe2k8AEgmcQmRKDCQrbnF2A9NpDJF6go38Z","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Ethereum"}],"media":[{"id":"QmP5HkF7Vpz6FCAwLJuyiWM8fYjoVJYiKqSa8gq6cmPNhw","size":"0.01","name":"weETH.jpg","type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=Rmu238I9d0U","size":"0","name":"Rmu238I9d0U","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=VRXRjNGVEe4","size":"0","name":"VRXRjNGVEe4","type":null,"source":"YOUTUBE"},{"id":"QmWgBgojFVsFSxvCQCpuVsBTXNj7UMCXHRyG6PDEwy5jBx","name":"weeth.webp","caption":"","thumbnail":"QmWgBgojFVsFSxvCQCpuVsBTXNj7UMCXHRyG6PDEwy5jBx","source":"IPFS_IMG"},{"id":"QmbwmvprFayBMCR92vuMyuCWiY4Hsd2bGb6i79u7LXupKa","name":"Cópia de Design sem nome (1).png","caption":"","thumbnail":"QmbwmvprFayBMCR92vuMyuCWiY4Hsd2bGb6i79u7LXupKa","source":"IPFS_IMG"},{"id":"Qmawtsg7meixqexXXkWnR5Q9a4Gt1QorH7hKmFURAx6JYY","name":"weeth-black-lined.webp","caption":"","thumbnail":"Qmawtsg7meixqexXXkWnR5Q9a4Gt1QorH7hKmFURAx6JYY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=5sGzRshU1t4","name":"5sGzRshU1t4","caption":"","thumbnail":"https://www.youtube.com/watch?v=5sGzRshU1t4","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=pMd5yEfLMbU","name":"pMd5yEfLMbU","caption":"","thumbnail":"https://www.youtube.com/watch?v=pMd5yEfLMbU","source":"YOUTUBE"}],"metadata":[{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/wrapped-eeth/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/wrapped-eeth"},{"id":"references","value":"[{\"id\":\"1u635lw0gg4\",\"url\":\"https://bullish.com/digital-assets/weeth-wrapped-eeth/\",\"description\":\"Wrapped eETH | Bullish\",\"timestamp\":1714070031738},{\"id\":\"GzDNSqFrar\",\"description\":\"The Tokenomics of Wrapped eETH (WEETH)\\n\",\"timestamp\":1747769772243,\"url\":\"https://www.findas.org/tokenomics-review/coins/the-tokenomics-of-wrapped-eeth-weeth/r/55xvNvgNFhpp7Psgx6fXiN\"},{\"id\":\"sp57h6Zgxi\",\"description\":\"What is Wrapped eETH?\\n\",\"timestamp\":1747769785093,\"url\":\"https://www.thebigwhale.io/tokens/wrapped-eeth\"},{\"id\":\"sFji7U5DbE\",\"description\":\"Website: Ether.fi\",\"timestamp\":1747769795723,\"url\":\"https://www.ether.fi/\"},{\"id\":\"UKFpYsOiWB\",\"description\":\"WEETH Governance\",\"timestamp\":1747769812124,\"url\":\"https://etherfi.gitbook.io/gov\"},{\"id\":\"vLXNJQF6cC\",\"description\":\"Etherfi docs\",\"timestamp\":1747769837741,\"url\":\"https://etherfi.gitbook.io/etherfi\"},{\"id\":\"q1DIi22ovS\",\"description\":\"Blog: Etherfi\",\"timestamp\":1747769854423,\"url\":\"https://etherfi.medium.com/\"},{\"id\":\"vmpO7xzTrY\",\"description\":\"CoinGecko: Etherfi\",\"timestamp\":1747769873759,\"url\":\"https://www.coingecko.com/en/coins/wrapped-eeth\"}]"},{"id":"website","value":"https://www.ether.fi/"},{"id":"medium_profile","value":"https://etherfi.medium.com/"},{"id":"discord_profile","value":"https://discord.com/invite/zqGzcuQWvD"},{"id":"twitter_profile","value":"https://twitter.com/ether_fi"},{"id":"telegram_profile","value":"https://t.me/+C3fpSjmPqzA5NTVh"},{"id":"github_profile","value":"https://github.com/etherfi-protocol"},{"id":"etherscan","value":"https://etherscan.io/token/0xcd5fe23c85820f7b72d0926fc9b05b43e359b7ee"},{"id":"arbiscan","value":"https://arbiscan.io/token/0x35751007a407ca6feffe80b3cb397736d2cf4dbe"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmUAgkvjY5NsoWSKrg5WxddFUBd5oTsLjcm6FqhQu4pM4s\""},{"id":"commit-message","value":"\"Republished the Wrapped ETH (weETH) wiki with updated content and structure.\""},{"id":"previous_cid","value":"QmUAgkvjY5NsoWSKrg5WxddFUBd5oTsLjcm6FqhQu4pM4s"}],"events":[{"id":"PQ3efmAfbE","date":"2023-10","title":"eETH Launch","type":"CREATED","description":"eETH launches","link":"https://medium.com/etherfi/were-finally-launching-our-lst-af3e68944707","multiDateStart":null,"multiDateEnd":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":["mike-silagadze","rok-kopp"],"speakers":[]}}