elETH

elETH is the liquid version of the restaking ETH/LST on EigenLayer. Same as stETH/rETH, it represents the ETH/LST staked in the smart contract of EigenLayer.

elETH will enable the restaking yield and release the capital efficiency of your restaked ETH, participate into and earn the yield from the DeFi on chain. Moreover, elETH is liquid that users don't need to wait for a specific period of redeeming time window.

To get the elETH:

• You can restake through Euclid Finance;

• Purchase from the secondary market;

elETH can be redeemed to ETH or any other kinds of the LST you restaked for a period of a time window which is configured by Eigenlayer.