About Ankr Staked ETH

Ankr Staking provides Ethereum token holders with the chance to stake ETH and receive ETH Liquid Staking tokens — ankrETH. These tokens offer instant liquidity for your staked ETH, allowing integration with DeFi platforms and earning additional rewards. ankrETH is a reward-bearing token whose value relative to ETH increases over time as staking rewards accumulate within it. Benefits: - Generate multiple layers of rewards by using ankrETH on DeFi platforms to enhance your earnings through increased APY alongside staking rewards. - Low impermanent loss when providing liquidity with tokens like ETH, reducing risk and making liquidity provision more stable and profitable. - Compound your staking rewards daily as the value of ankrETH in your wallet grows compared to ETH. - Support secure Ether...