The Ethereum Merge is a momentous event for the entire Ethereum community. Index Coop is celebrating the successful move to proof of stake by charging 0% fees on Interest Compounding ETH (icETH) for the next month (until October 15th).
The icETH token enhances staking returns with a leveraged liquid staking strategy. Built on Set’s battle-tested leverage token infrastructure, icETH multiplies the staking rate for stETH while minimizing transaction costs and risk associated with maintaining collateralized debt in Aave.
Token holders retain spot exposure to ETH and amplify staking returns up to 2.5x. Staking yield has increased post-Merge as ETH stakers now receive the tips once allocated to miners. At the time of writing, the yield vs. ETH is an APY of 9.0%.
Learn more about icETH on our website, check out our updated Dune dashboard for additional metrics and get your questions answered in our Discord.
Disclaimer: This content is for informational purposes only and is not legal, tax, investment, financial, or other advice. You should not take, or refrain from taking, any action based on any information contained herein, or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. This information is not intended to be comprehensive or address all aspects of Index or its products. There is additional documentation on Index’s website about the functioning of Index Coop, and its ecosystem and community.
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