Sonic ETH (scETH) is a 1:1 wrapped ETH on Sonic blockchain. Rings Protocol offers liquid holding, staking, and governance options.
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Sonic ETH (scETH) is an ETH derivative, pegged 1:1 and created by Rings Protocol on the Sonic blockchain. Rings Protocol uses a governance model similar to Solidly, offering scUSD and scETH holders three ways to engage: * Hold tokens freely for use within the Sonic ecosystem. * Stake scUSD to get stkscUSD and earn yield from DeFi protocols via Veda's managed vault. * Lock stkscUSD for vestkscUSD (a veNFT) to gain governance rights and earn voting incentives, but forfeit staking yield.
As of now, Sonic ETH is trading at 2 026.886936 USD, with a 24-hour trading volume of approximately 0 USD. The SCETH to USD price is updated in real time. Over the past 24 hours, Sonic ETH has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 SCETH in circulation out of a maximum supply of 0 SCETH.
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