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Universal ETH

Universal ETH

Project
arbitrumethereumArbitrum EcosystemEthereum EcosystemLiquid Staked ETH

About

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.

UNIETH/USDT

No chart data available

History

2023
Oct 18, 2023security incidentmajor

uniETH Exploit Results in $2M Loss

$2.00M

Apr 12, 2023chain expansionmajor

uniETH Deployed on Arbitrum

Feb 28, 2023product launchmajor

uniETH Launches on Ethereum Mainnet