Description
Spectrum ETH is an innovative Layer 2 restaking service within the Kroma ecosystem, facilitating the staking of ETH, stETH, or eETH to generate synthetic spETH assets. These enhance the utility of staked assets across diverse DeFi protocols and DApps on the Kroma network. Spectrum ETH improves liquidity and scalability by using Liquid Staking Tokens as collateral, ultimately optimizing staking rewards and efficiency. Kroma (KRO), launched in 2023, underpins this ecosystem with a total token supply of 1 billion, being traded actively on eight markets, with recent price fluctuations reflecting broader market dynamics. Users and investors can access further details at kroma.network, as the platform continues to bolster its DeFi offerings by integrating Spectrum ETH's synthetic assets into its robust framework, thereby navigating the expanding cryptocurrency landscape and maximizing asset utility.
Spectrum ETH is an innovative Layer 2 restaking service within the Kroma ecosystem, facilitating the staking of ETH, stETH, or eETH to generate synthetic spETH assets. These enhance the utility of staked assets across diverse DeFi protocols and DApps on the Kroma network. Spectrum ETH improves liquidity and scalability by using Liquid Staking Tokens as collateral, ultimately optimizing staking rewards and efficiency. Kroma (KRO), launched in 2023, underpins this ecosystem with a total token supply of 1 billion, being traded actively on eight markets, with recent price fluctuations reflecting broader market dynamics. Users and investors can access further details at kroma.network, as the platform continues to bolster its DeFi offerings by integrating Spectrum ETH's synthetic assets into its robust framework, thereby navigating the expanding cryptocurrency landscape and maximizing asset utility.
