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0xa651…9fe4

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0xa6518870…9fe4sent to0x0e97c887…9e05·#25,199,897·0xc6fd5cb1…990fa3
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0xa6518870…9fe4sent to0x0e97c887…9e05·#24,664,726·0x32165ea2…35aba6
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0xa6518870…9fe4sent to0xec17aaba…5b39·#18,460,985·0x9a37aeed…b870cc
<p>Dear EigenLayer Community,</p><p>As a dedicated supporter of WBETH, I enthusiastically propose its inclusion in the voting contest. WBETH, backed by renowned Binance, has dramatically grown its standing, securing a top 3 LST position within just six months of its inception (TVL of $1.4 billion, source: <a target="_blank" rel="noopener noreferrer nofollow" href="https://defillama.com/lsd">https://defillama.com/lsd</a> )</p><p><br><strong><em>Synergy between EigenLayer and WBETH</em></strong></p><p>EigenLayer's resounding promise of a restaking protocol aligns well with the principles bolstered by WBETH—it enables users to restake ETH or other LSTs towards multiple protocols, uplifting the security aspect of Active Validator Services (AVS). Considering Binance's track record in ETH staking (currently staking <strong><em>over 1.2 million ETH, covering 4.3% of all Ethereum staked. </em></strong>Not all of them have been converted to WBETH), the potential for WBETH's ascension in Eigenlayer ecosystem is immense.</p><p>In fact quite a few of big holders of WBETH has shared interest in restaking WBETH in Eigenlayer (e.g. <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/Super4DeFi/status/1717846990317576701">https://twitter.com/Super4DeFi/status/1717846990317576701</a>)</p><p><br><strong><em>Use Cases of WBETH and Differentiation:</em></strong></p><p>WBETH’s affinity with EigenLayer is evident in our shared mission to democratize and simplify staking experiences. WBETH provides diverse opportunities for earnings that transcend conventional staking—examples include spot trading or using WBETH as collateral for Futures Trading on Binance, liquidity farming on popular DEXes, participating in renowned lending and borrowing protocols, etc. All these options enrich WBETH's position as a versatile and rewarding asset in the DeFi landscape.</p><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.binance.com/en/support/faq/wbeth-use-cases-c2edfefdad214259b984730a0cb760ec">https://www.binance.com/en/support/faq/wbeth-use-cases-c2edfefdad214259b984730a0cb760ec</a></p><p><br>I believe more use cases will come with WBETH-centric product developments for engaging a wider user pool, and it will support deeper associations with leading DeFi platforms and protocols.</p><p>WBETH’s distinguishing attribute is the solid liquidity it offers on the Binance platform, as well as diverse DeFi projects. This, when combined with Binance's established presence in the ETH staking landscape, only reassures one of WBETH's stellar standing in the realm of LSTs.</p><p><br><br>As a fervent WBETH holder, I see a promising affiliation between EigenLayer and WBETH that can revolutionize staking solutions and open new doors of opportunities for our intermingled communities. Here's to enhancing Ethereum staking's reach and effectiveness, together.<br></p><p>Best,</p><p></p><p></p><p>Links:</p><p>Website: <a target="_blank" rel="noopener noreferrer nofollow" class="inline-onebox" href="https://www.binance.com/en/wbeth">Ethereum 2.0 Staking | Stake Ether &amp; Get BETH | Binance 2</a></p><p>FAQ: <a target="_blank" rel="noopener noreferrer nofollow" class="inline-onebox" href="https://www.binance.com/en/support/faq/what-is-wbeth-e252366155174ba6887f6b32e3798273">What Is WBETH? | Binance Support 1</a></p><p>Contracts:</p><ul><li><p>Ethereum: <a target="_blank" rel="noopener noreferrer nofollow" class="inline-onebox" href="https://etherscan.io/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1">Wrapped Binance Beacon ETH (wBETH) Token Tracker | Etherscan 1</a></p></li><li><p>BNB Smart Chain: <a target="_blank" rel="noopener noreferrer nofollow" class="inline-onebox" href="https://bscscan.com/token/0xa2E3356610840701BDf5611a53974510Ae27E2e1">Wrapped Binance Beacon ETH (wBETH) Token Tracker | BscScan</a></p></li></ul><p>Dune Dashboard and Markets: <a target="_blank" rel="noopener noreferrer nofollow" href="https://dune.com/billwang/wbeth">https://dune.com/billwang/wbeth 2</a></p><p>Audits:</p><ul><li><p>Peckshield: <a target="_blank" rel="noopener noreferrer nofollow" href="https://github.com/peckshield/publications/tree/master/audit_reports/PeckShield-Audit-Report-wBETHV2-v1.0.pdf">https://github.com/peckshield/publications/tree/master/audit_reports/PeckShield-Audit-Report-wBETHV2-v1.0.pdf</a>&nbsp;</p></li><li><p>Slowmist: <a target="_blank" rel="noopener noreferrer nofollow" href="https://github.com/slowmist/Knowledge-Base/blob/master/open-report-V2/smart-contract/SlowMist%20Audit%20Report%20-%20wBETH_en-us.pdf">https://github.com/slowmist/Knowledge-Base/blob/master/open-report-V2/smart-contract/SlowMist%20Audit%20Report%20-%20wBETH_en-us.pdf</a>&nbsp;</p></li><li><p>Supremacy: <a target="_blank" rel="noopener noreferrer nofollow" href="https://github.com/SupremacyTeam/publications/blob/main/Supremacy-Audit-Report-wBETH-v1.0.pdf">https://github.com/SupremacyTeam/publications/blob/main/Supremacy-Audit-Report-wBETH-v1.0.pdf</a>&nbsp;</p></li></ul>