Wrapped Beacon (CRYPTO:WBETH) is a wrapped version of BETH, which is the staked equivalent of ETH. WBETH is issued by Binance and pegged one-to-one to BETH. It represents the ETH that has been staked on the Ethereum Beacon Chain and will be rewarded with ETH2.0 once it is launched. WBETH is operated by Binance. Binance holds the ETH that backs WBETH in its custody and is responsible for redeeming WBETH for BETH when users request it. Binance is working on a number of projects to improve WBETH and expand its ecosystem. These projects include developing new features and functionality for WBETH, building a community of developers and users around WBETH, and partnering with other companies and organizations to promote the use of WBETH. The objectives of WBETH are to provide a liquid and accessible way to participate in Ethereum staking, allow users to earn ETH2.0 rewards without having to lock up their ETH for an extended period of time, and promote the adoption of Ethereum 2.0. WBETH is a valuable asset for users of Ethereum and the Ethereum 2.0 ecosystem. It provides a convenient and easy-to-use way to participate in Ethereum staking and earn ETH2.0 rewards.