uniETH token
Overview
uniETH is a liquid staking token issued by the Bedrock protocol on Ethereum. It represents ETH staked (and restaked via EigenLayer) and accrues staking rewards by increasing in value relative to ETH rather than by rebasing. uniETH can be used in DeFi applications to generate additional yield while earning staking rewards.
Within the DeFi Intel graph, uniETH connects to 5 tracked entities, most strongly to Ethereum, Bedrock uniETH, Bedrock.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
supports_token | Bedrock uniETH | 95% |
issued_by | Bedrock | 90% |
issued_by | Bedrock Protocol | 90% |
staked_in | EigenLayer | 85% |
Frequently asked questions
What is uniETH?
uniETH is a liquid staking token that represents ETH staked on the Ethereum network, enabling holders to earn staking rewards while maintaining liquidity.
How does uniETH generate yield?
uniETH generates yield through Ethereum staking rewards, which are reflected in its increasing value relative to ETH over time.
Can uniETH be used in DeFi?
Yes, uniETH can be used as collateral or traded in various DeFi protocols to earn additional yield beyond staking rewards.
What is uniETH connected to?
In the DeFi Intel knowledge graph, uniETH is linked to 5 other tracked entities, most strongly to Ethereum, Bedrock uniETH, Bedrock.
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