Description
Stakehouse dETH is a decentralized finance platform that offers a yield-bearing derivative token, dETH, which represents ETH staked in the Ethereum Deposit Contract. dETH token holders benefit from gasless and slash-proof staking rewards that are associated with the underlying staked ETH. The Stakehouse registry can reconcile dETH with its staked counterpart on the consensus layer at any given moment. Users can also curate specific validators' yields with dETH. The token is redeemable for the underlying staked ETH and functions seamlessly within decentralized finance (DeFi) ecosystems as an ERC-20 token, enhancing its utility and accessibility.
Stakehouse dETH is a decentralized finance platform that offers a yield-bearing derivative token, dETH, which represents ETH staked in the Ethereum Deposit Contract. dETH token holders benefit from gasless and slash-proof staking rewards that are associated with the underlying staked ETH. The Stakehouse registry can reconcile dETH with its staked counterpart on the consensus layer at any given moment. Users can also curate specific validators' yields with dETH. The token is redeemable for the underlying staked ETH and functions seamlessly within decentralized finance (DeFi) ecosystems as an ERC-20 token, enhancing its utility and accessibility.