$ETH is the native token of the Ethereum network, serving as the fundamental unit of value for gas fees, staking, and economic security across the ecosystem.
Validators stake $ETH to participate in proof of stake consensus, earning rewards for honest block production and facing slashing for misbehavior. Every transaction on Ethereum requires $ETH to pay for computational resources measured in gas.
$ETH functions as pristine collateral across DeFi protocols, underpinning lending markets, liquidity pools, and synthetic assets. Its monetary premium derives from simultaneous utility as fee currency, staking yield asset, and collateral backbone.
In the cyber ecosystem, $ETH is one of the external assets bridged into bostrom via IBC relayers. This bridge enables neurons to bring Ethereum liquidity into the cyber economy while maintaining exposure to the broader crypto ecosystem.
The EIP-1559 burn mechanism makes $ETH deflationary under sufficient network demand, aligning the token economics with long-term value accrual for holders and staking participants.
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