Blockchain TechDeFi & Web3Markets

Ethereum’s New BETH Turns Destroyed ETH Into a DeFi Primitive

A new token, BETH, is turning billions of dollars in destroyed Ethereum into a tradable asset. For every ETH permanently removed from circulation, one BETH is minted, creating a ‘proof-of-burn’ token that transforms an abstract economic policy into a new DeFi building block. The launch presents a fascinating question for the market: What is the real value of an asset that represents nothing?