Asset | Network | Balance |
---|---|---|
ETH | Mainnet | |
mETH | Mainnet | |
mETH | Aurora | |
stETH | Mainnet | |
rETH | Mainnet |
The multichain Staked ETH Index Token (mETH), is a unique DeFi solution that brings together a decentralized financial ecosystem of various blockchain protocols like Ethereum and NEAR Aurora.
The mETH project is a cross chain index fund of staked tokens like stETH and rETH, delivering a superior-grade interoperability for a lucrative and secure yield farming experience. The token allows users to deposit stETH and rETH to mint mETH tokens and bridge them across multiple chains, enabling seamless cross-chain transactions.
When you stake a token on a PoS blockchain, you earn validator rewards creating a yield on your holdings. Liquid staking tokens outsource the technical staking requirements to a 3rd party giving users a simple ERC20 token which represents a staked position.
Liquid staking tokens represent your staked assets and any potential rewards you may earn. Tthese tokens aren't locked; they're liquid, meaning they can be traded, swapped, bridged or used in various DeFi protocols for other activities like lending, borrowing, or providing liquidity in decentralized exchanges (DEXs).
mETH is a index token creating a cross chain wrapper for various liquid staking tokens.
mETH is an ERC20 token with some additional functionality.