{"id":"etherfi-staked-eth-eeth","version":1,"language":"en","title":"ether.fi Staked ETH (eETH)","hidden":false,"content":"**ether.fi Staked (eETH)** is a rebasing [ERC-20](https://iq.wiki/wiki/erc-20) token introduced by [ether.fi](https://iq.wiki/wiki/etherfi), a non-custodial and decentralized [staking](https://iq.wiki/wiki/staking) protocol. It represents a claim on an equivalent amount of [ETH](https://iq.wiki/wiki/ethereum) held by the ether.fi [liquidity pool](https://iq.wiki/wiki/liquidity-pool) or staked in the [Ethereum](https://iq.wiki/wiki/ethereum) [Proof-of-Stake](https://iq.wiki/wiki/proof-of-stake) system. A rebasing mechanism automatically distributes [staking](https://iq.wiki/wiki/staking) rewards to eETH holders, updating their balances across all addresses. As a Liquid Restaking Token, eETH allows users to stake their [ETH](https://iq.wiki/wiki/ethereum) for rewards and reinvest seamlessly in [EigenLayer](https://iq.wiki/wiki/eigenlayer). [\\[1\\]](#cite-id-82akrepsv04) $$widget0 [YOUTUBE@VID](aRFnzrNcwRg)$$  \n  \n# Overview  \n  \neETH is an [ERC-20](https://iq.wiki/wiki/erc-20) token representing an equivalent amount of [ETH](https://iq.wiki/wiki/ethereum) in the ether.fi liquidity pool or staked in Ethereum's Proof-of-Stake system. It utilizes a rebasing mechanism to distribute staking rewards to holders across all addresses automatically. As a Liquid Restaking Token, eETH enables users to stake their ETH for rewards and reinvest in [EigenLayer](https://iq.wiki/wiki/eigenlayer). It is the first native liquid restaking token on [Ethereum](https://iq.wiki/wiki/ethereum), allowing users to [mint](https://iq.wiki/wiki/minting) eETH on [ether.fi](https://iq.wiki/wiki/etherfi) to maximize rewards. [Minting](https://iq.wiki/wiki/minting) eETH provides exposure to [Ethereum](https://iq.wiki/wiki/ethereum) [staking](https://iq.wiki/wiki/staking) rewards, [ether.fi](https://iq.wiki/wiki/etherfi) Loyalty Points, restaking rewards (including [EigenLayer](https://iq.wiki/wiki/eigenlayer) points), and the ability to [provide liquidity](https://iq.wiki/wiki/liquidity-providers) to [DeFi](https://iq.wiki/wiki/defi) protocols. [Staking](https://iq.wiki/wiki/staking) [ETH](https://iq.wiki/wiki/ethereum) on [ether.fi](https://iq.wiki/wiki/etherfi) involves locking a specific amount of [Ether](https://iq.wiki/wiki/ethereum) in a [wallet](https://iq.wiki/wiki/cryptocurrency-wallet) to contribute to the network's operations, effectively becoming [validators](https://iq.wiki/wiki/validator). These [validators](https://iq.wiki/wiki/validator) secure and validate transactions, earning additional [Ether](https://iq.wiki/wiki/ethereum) rewards for their participation. [\\[1\\]](#cite-id-82akrepsv04)[\\[2\\]](#cite-id-7la9f2hdg0p) $$widget0 [YOUTUBE@VID](Rmu238I9d0U)$$","summary":"Ether.fi Staked ETH (eETH) is a rebasing ERC-20 token allowing users to stake Ethereum, automatically receive rewards, and reinvest in other protocols.","categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"promoted":0,"tags":[{"id":"Ethereum"}],"metadata":[{"id":"references","value":"[{\"id\":\"82akrepsv04\",\"url\":\"https://etherfi.gitbook.io/etherfi/ether.fi-whitepaper/technical-documentation#delegated-staking-via-auction\",\"description\":\"ether.fi White Paper\",\"timestamp\":1714067091486},{\"id\":\"7la9f2hdg0p\",\"url\":\"https://medium.com/@chadd41gottliebkrs/unlocking-the-potential-of-ether-fi-staked-eth-eeth-staking-with-pendle-60176b84d3d4\",\"description\":\"Unlocking eETH on Pendle | Medium\",\"timestamp\":1714068212546}]"},{"id":"contract_url","value":"https://etherscan.io/token/0x35fA164735182de50811E8e2E824cFb9B6118ac2"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/ether-fi/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/ether-fi-staked-eth"},{"id":"etherscan_profile","value":"https://etherscan.io/token/0x35fA164735182de50811E8e2E824cFb9B6118ac2"},{"id":"previous_cid","value":"QmcHaugJrsxvsdphQSfp3X8FckfbBgwjrCs8sJMTsjFHJG"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2","profile":{"username":"JSD","avatar":""}},"media":[{"name":"aRFnzrNcwRg","id":"https://www.youtube.com/watch?v=aRFnzrNcwRg","size":"0","type":null,"source":"YOUTUBE"},{"name":"Rmu238I9d0U","id":"https://www.youtube.com/watch?v=Rmu238I9d0U","size":"0","type":null,"source":"YOUTUBE"}],"views":29,"events":[{"title":"eETH Launch","description":"ether.fi introduces eETH","type":"CREATED","date":"2023-10","link":"https://medium.com/etherfi/were-finally-launching-our-lst-af3e68944707?source=user_profile---------0----------------------------","multiDateStart":null,"multiDateEnd":null}],"linkedWikis":{"founders":["mike-silagadze","rok-kopp"],"blockchains":["ethereum"]},"ipfs":"QmcHaugJrsxvsdphQSfp3X8FckfbBgwjrCs8sJMTsjFHJG","transactionHash":"0x109e3e4c95eacb3f3825b938b80d16da2162d74b77116ff9add67c084692581b","created":"2024-04-25T18:21:43.943Z","updated":"2024-04-28T05:10:29.025Z","images":[{"id":"QmZy8vjm4UfitVVE3bFJp1E1ZLMSaDMrxY3WRLyZNjEQat","type":"image/jpeg, image/png"}]}