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    Coinbase Wrapped Staked Ether
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Coinbase Wrapped Staked Ether - Logo

Coinbase Wrapped Staked Ether (cbETH)

Liquid staking

Price

N/A

Chains

Ethereum - Logo

1 chain

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What is Coinbase Wrapped Staked Ether?

Coinbase Wrapped Staked Ether is a liquid staking derivative product offered by Coinbase. Coinbase was founded by Brian Armstrong and launched in 2012.

How does Coinbase Wrapped Staked Ether work?

Coinbase users convert their staked ETH into cbETH, a liquid ERC-20 token representing their staked ETH. Stakers receive a return on investment in the form of staking rewards (supply-side fees).

Who governs Coinbase Wrapped Staked Ether?

Coinbase governs wrapping and unwrapping staked ETH to cbETH. They currently take a cut of the total staking rewards earned by the product (revenue).

Related posts

Weekly fundamentals – Rebuilding coinBASE onchain

A weekly data digest for the leading crypto investors and operators.
RevenueCoinbase$10Connect Stakers & PoS ChainsSupply-side feesSupply-side fees$90StakersFeesFees (Staking rewards)$100PoS Chain
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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