Universal ETH
UNIETH

3837.6
$
1.83 %
Change 24h
Market Cap
$ 179,756,053
Volume 24h
$ 140,947
Circulating Supply
46,762
Total Supply
64
UNIETH
$
# Exchange Pair Price Volume 24h

Description

Bedrock's native tokenized version of staked Ether is known as uniETH. uniETH represents the staked ETH in Bedrock plus all future staking rewards. uniETH is non-rebasing, i.e. does not grow in quantity over time but grows in value instead. In other words, 1 uniETH will be worth more than 1 ETH as time goes on, and its value will continue to increase as more time passes. Launched by RockX, Bedrock is a non-custodial solution that satisfies the requirements of institutions seeking a basis for large-scale liquid staking. By bringing new levels of transparency and security to liquid staking, Bedrock allows institutions to unlock liquidity safely by adhering to regulations while leveraging a true crypto-native solution.