Minting and Redeeming

gETH will support the following tokens as collaterals:

• wstETH

• rETH

• gmdETH

• sfrxETH

• WETH and ETH

• and more potential LSDs can be considered as we continue to expand gETH

gETH can be minted and redeemed into and out of any of the afore-mentioned underlying collateral backing it.

Minting and Redeeming Fees

• Minting and redeeming incurs a dynamic fee ranging from 0 to 35 bps (0–0.35%) depending on the target weight vs current weight of the collateral.

• The dynamic fees will come into play to make sure the collateral ratio is correctly weighted according to their market cap and prevalence. If a collateral is too heavily weighted, the minting fees will be higher than those of under-weighted collaterals, and vice-versa.