Crypto.com Liquid Staking
Crypto.com's liquid staking product that wraps staked ETH into the CDCETH receipt token, with no Ethereum unbonding period.
What is Crypto.com Liquid Staking?
Crypto.com Liquid Staking is a centralized staking-as-a-service product in the Crypto.com App and Exchange. Users stake ETH and receive CDCETH, an ERC-20 receipt token whose conversion rate to staked ETH increases as rewards accrue. CDCETH can be unwrapped at any time without the standard Ethereum unbonding period and is integrated into Crypto.com's exchange and Cronos DeFi ecosystem.
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