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 Japanese Yen (JPY) is the official currency of Japan and one of the most traded fiat currencies worldwide. Issued by the Bank of Japan (BOJ), the yen plays a crucial role in global finance, particularly in foreign exchange markets and international trade. As a safe-haven currency, JPY is often sought after during economic uncertainty. In the crypto world, JPY is used as a trading pair on some exchanges and has inspired stablecoins like JPY-backed digital assets.