what's ETH Plus?
ETH Plus is a DeFi protocol that offers indexed and over-collateralized exposure to the entire liquid staking token (LST) ecosystem on Ethereum. It enables users to earn yields on ETH through curated vaults and looping strategies, leveraging partnerships with protocols like Gearbox, KelpDAO, Reserve Protocol, and Lido Finance. The ETH+ token serves as a yield-bearing asset, allowing participants to supply ETH or loop positions to capture compounded returns from LSTs without direct exposure to individual staking risks. The platform emphasizes efficient capital utilization in DeFi, with features like professional asset management via curated vaults on Gearbox Protocol. Users can participate by supplying ETH to vaults or engaging in leveraged positions, benefiting from rewards programs such as those from Merkl. This structure aims to democratize access to advanced yield strategies previously limited to large DAOs, focusing on security and censorship resistance inherent to Ethereum-based systems.
ETH Plus mentioned by Ceazor in a video about LPing ibTokens.
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Mentioned in a video about LPing ibTokens by Ceazor alongside other DeFi protocols.
ETH+ becomes the most used collateral in the kpk-curated WETH market on Gearbox Protocol with over 1,750 ETH+ (~$5.9M) deployed, surpassing all other Ethereum staking assets.
Integration with Gearbox platform enables one-click access to 50% APR yields with up to 13x leverage capability.
1 billion $RSR tokens are staked in ETH+, marking a staking milestone for the protocol.
Incentives for the dgnETH/ETH+ liquidity pool begin phasing out on October 22, with reallocation toward $LCAP and other DTFs; liquidity providers are advised to gradually exit or reallocate positions.
New partnership with BlackManta Capital launches compliant yield products for institutions through Luxembourgish securitization vehicle.