eETH represents one of the first native liquid restaking tokens on the Ethereum network. Users can mint eETH through ether.fi. Upon minting, ether.fi manages the staking and restaking of the original ETH deposited by users. This process is designed to help users optimize and potentially increase their staking rewards over time.
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The Australian Dollar (AUD) is the official currency of Australia, issued by the Reserve Bank of Australia (RBA). AUD is often influenced by commodity exports like gold and iron ore. Australia has a strong blockchain industry, and AUD-backed stablecoins provide a way to transact in crypto while maintaining value stability.