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Bifrost officially releases Ethereum full-chain liquid staking vETH 3
ChainCatcher Message, Bifrost officially launches the Ethereum full-chain liquidity staking solution vETH 3. This version leverages the SLPx protocol to achieve native full-chain minting of ETH LST on networks such as Ethereum, Base, Arbitrum, Optimism, Polkadot, and Bifrost, allowing users to earn staking rewards across multiple chains without asset cross-chain transfers. Technically, vETH 3 utilizes DVT technology (SSV Network) to ensure complete decentralization and security of staking nodes, and it deeply supports the ERC-4626 standard, enabling permissionless adoption and seamless integration with DeFi protocols, greatly enhancing asset composability. Compared to stETH, vETH 3 offers more significant yield advantages. With the launch, a one-month vETH minting incentive program has been initiated, with the highest comprehensive annualized yield reaching 273%. This innovative solution effectively alleviates liquidity fragmentation while providing users with a secure, efficient, and highly competitive ETH staking option in the full-chain era.