Stakehouse dETH

DETH

dETH is the yield bearing derivative of ETH staked in the Ethereum Deposit Contract. At any given moment the Stakehouse registry can reconcile dETH on the Ethereum Network by locating its underlying staked ETH on the consensus layer. dETH receives gasless, slash proof staking rewards associated with underlying staked ETH. Users holding the token can curate specific validators’ yield. dETH is redeemable for the associated staked ETH and can be used anywhere throughout DeFi as an ERC-20 token.