Grant Title
Bifrost Liquid Staking ETH
Grant Type
Predefined Grant
Amount
$50,000.00
Status
Executing
Grant Description
Bifrost vETH is a synthetic derivative asset which represents ETH stake and earned staking rewards. vETH does not change in quantity but daily will appreciate in value. vETH mechanism is similar to wstETH. User can redeem vETH to ETH from the beacon chain at any time, or choose to trade or use on DeFi protocols to earn yield.
Proposal Date
May 29, 2023
Decision Date
November 15, 2023 12:00 AM (GMT-6)
Website
Product
Staking Pool
Final Proposal