gETH
gETH

gETH

Intro

The gETH token is an immutable ERC-1155 contract, that are utilized for internal accounting within Geode's staking library.
When you stake in a liquid staking derivative product powered by Geode, you mint a G-Derivatives. This is either gETH or gAVAX, depending on the blockchain being used. The gETH or gAVAX minted is actually the corresponding LSD for the selected staking pool.
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NOTE: gETH is currently unreleased, as withdrawals on Ethereum will be enabled with the deployment of the Shanghai upgrade.

Overview

By using a single ERC115 contract, it allows Geode’s infrastructure to provide for a wide array of different staking product types, as well as allowing for better compatibility in the future. Put another way, G-Derivatives are databases of Balances and Prices with extra Scalability (interfaces).
Geode Finance’s G-Derivative contract architecture.
Geode Finance’s G-Derivative contract architecture.
The key benefit with Geode’s G-Derivatives are their highly configurable nature. For example, via Geode’s interfaces pool owners may choose whether they want their LSD to function as a value accrual or rebasing token.
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NOTE: Although broadly similar as G-Derivatives, there are some key differences to understand between gAVAX and gETH. For a breakdown in the differences between the two, click here.

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Integrations

Explore apps and services using gETH:

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This is a LIVE document, continuously updated by the protocol teams, communities and contributors. Note that the information in this Notion board might be outdated or wrong. The contributors are not liable for any incorrect or incomplete information within this Notion board.