WBETH represents staked ETH plus accrued staking rewards earned through Binance.
WBETH is a mid-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Binance Staking, a protocol rated as Average.
Binance Staking
WBETH has an uncapped supply but has inflation control or burn mechanisms in place.