Binance introduces Wbeth on ETH staking for enhanced DeFi participation

Binance has introduced WBETH, a new liquid staking token, which represents 1 BETH and the total staking rewards accrued.

WBETH allows users to participate in DeFi projects outside of Binance while still enjoying the accrued compounding ETH staking rewards.

Binance has rebranded its ETH 2.0 staking service to simply ETH staking.

Binance introduces Wbeth on ETH staking for enhanced DeFi participation