Beacon Chain ETH

staking
economics
#1

I’d be interested to get thoughts on Beacon Chain ETH (BETH) transferability in the pre-Serenity phase, and what the consequences might be. Two questions that come to mind:

  1. Will BETH be traded at a significant discount, and does it matter?
  2. If there is a loss of BETH due to a bug, does transferred BETH change recovery options?

I’m under the assumption that BETH transfers will be possible on the Beacon Chain, but not BETH>ETH redemptions to the PoW chain.

#2

There’s a lot of ways we can do this to be honest, it’s really about identifying the best tradeoff. We’ve formed a working group on this very important topic here if you would like to be involved!

2 Likes
#3

Thanks! I’ll check it out.