Details about Interest Bearing ETH cryptocurrency
Interest Bearing ETH
IBETH
Unknown for now
€458
65
1.202
Unknown
https://alphafinance.io/
@alphafinancelab
5735080x
€18035500000
Interest Bearing ETH price charts
IBETH exchanges
Interest Bearing ETH, the crypto
Interest Bearing ETH (IBETH) is a token that represents Ethereum (ETH) deposited into a lending protocol called Aave. It allows users to earn interest on their ETH without having to lock it up for a specific period of time.
The point
The main point of IBETH is to offer users a way to earn interest on their ETH holdings, while still being able to use their tokens for other transactions. By depositing ETH into Aave, users receive IBETH tokens in return, which represents their deposit and the interest earned.
The problem
IBETH aims to solve the problem of users needing to choose between earning interest on their ETH or using it for other transactions. Traditionally, to earn interest on ETH, users would have to deposit it into a lending protocol for a specific period of time and couldn't use the ETH during this period. With IBETH, users can earn interest on their ETH while still having the flexibility to use it elsewhere.
Compare IBETH and BTC performance
| Timeframe | IBETH | BTC |
|---|---|---|
| 1h change | 0 % | -0.234911 % |
| 24h change | 0 % | 1.25967 % |
| 7 day change | -0.38 % | -1.44157 % |
| 14 day change | -7.6 % | -9.47799 % |
| 30 day change | -5.72 % | -7.33786 % |
| 200 day change | 93.72 % | 129.168 % |
| Year change | 73.58 % | 129.33 % |