Article Summary, Automatically Generated By AI
Summary
- Crypto.com’s CDCETH is a liquid staking token.
- Represents staked ETH in Crypto.com Exchange or App.
- Allows access to market opportunities while assets are locked.
- CDCETH can be traded, transferred on-chain (Cronos, Ethereum), and used in DeFi.
Introducing Crypto.com Staked ETH: Unlocking the Power of Ethereum
CDCETH is a liquid staking token issued by Crypto.com, serving as a digital representation of a user’s staked ETH within the Crypto.com Exchange or App ecosystem. This innovative token enables users to capitalize on market opportunities even when their assets are locked, thereby maximizing their potential returns. Furthermore, CDCETH can be seamlessly traded, transferred on-chain across both Cronos and Ethereum networks, and utilized in decentralized finance (DeFi) applications.