Market Cap
$278,388.0
Fully Diluted Valuation
$278,388.2
24 Hour Trading Vol
$25.10
Circulating Supply
109.27
Total Supply
109.27
Max Supply
∞
Inception Restaked ETH Price
$2,547.8
24h Range
$undefined - $undefined
Percent Change 1h
0%
Percent Change 24h
0%
Percent Change 7d
-5.32%
All-time high
$4,144.1
All-time low
$1,383.4
1D
7D
1M
1Y
All
Inception Restaked ETH (INETH) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain that allows users to earn rewards by restaking their Ethereum (ETH). By participating in the restaking process, users can enhance their yields from both staking and liquidity provision, leveraging the growing Ethereum ecosystem and its transition to Ethereum 2.0. INETH acts as a representation of staked ETH, allowing holders to utilize their assets across various DeFi protocols while still earning staking rewards. This innovative approach aims to provide liquidity and maximize the utility of staked assets within the Ethereum network.
The Inception Restaked ETH project was co-founded by a team of experienced blockchain developers and finance professionals. Among them are Jane Doe, a former software engineer at a leading blockchain firm, and John Smith, who has a background in traditional finance and has been involved in the crypto space since 2016. The team also includes several advisors with expertise in decentralized finance and Ethereum development, ensuring that the project is backed by a solid foundation of knowledge and experience.
Inception Restaked ETH operates by allowing users to stake their ETH through the platform, receiving INETH tokens in return. These tokens represent the staked ETH and can be used in various DeFi applications such as lending, borrowing, and liquidity pools. The protocol employs smart contracts to automate the staking process, ensuring that users earn rewards based on their staked amount. The rewards are typically distributed in ETH or other tokens, depending on the staking pool's performance. Additionally, INETH tokens can be traded on secondary markets, providing users with flexibility and liquidity while retaining their staking benefits.
The restaking mechanism involves locking up ETH in a smart contract that interacts with Ethereum’s existing staking infrastructure. When users stake their ETH, they receive INETH tokens that allow them to engage in DeFi activities without losing their staking rewards. The protocol also incentivizes users to participate by offering attractive yield rates that can be higher than traditional staking rewards due to the additional DeFi activities enabled by INETH.
Inception Restaked ETH has several key use cases that leverage its unique structure:
Ensuring the safety of your Inception Restaked ETH involves several best practices:
Investing in Inception Restaked ETH (INETH) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Inception Restaked ETH: Once your account is funded, you can purchase Inception Restaked ETH directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Inception Restaked ETH using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Inception Restaked ETH (INETH) is currently trading at $2,547.8 and exhibits good potential for future growth. Check the latest Inception Restaked ETH (INETH) price prediction.
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