// APPROVED DAPP / PERMANENT RECORD

Binance ETH Staking lets users stake ETH and receive WBETH, a liquid staking token that accrues Ethereum staking rewards.

Binance ETH Staking lets users stake ETH through Binance and receive Wrapped Beacon ETH (WBETH). WBETH represents staked ETH plus accrued staking rewards; its ETH conversion ratio updates daily. WBETH can be transferred and used in supported external DeFi applications while continuing to accrue the represented staking rewards. Binance documents WBETH contracts on Ethereum and BNB Smart Chain.

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