# Utilities and Yield-Earning Mechanism

The intrinsic value of gETH will be equal to 1 ETH, while sgETH value will increase in comparison to ETH (ie. 1 sgETH = 1.25425 ETH)

<figure><img src="https://1136955223-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSDEn8Abdjo8l8Nioue3a%2Fuploads%2F5WZDjk4KkHxXhPLmBWqH%2Fimage.png?alt=media&#x26;token=db1dd69b-38c3-4330-bfbf-1b0bca136de2" alt=""><figcaption></figcaption></figure>

### To earn yield, gETH holders can: <a href="#id-4c5c" id="id-4c5c"></a>

* Stake their gETH and receive sgETH to earn a part of the LSD yield (similar to frxETH and sfrxETH, where gETH value is pegged to 1 ETH, while sgETH value will be yield-bearing. For example, after 1 year of 10% APR, sgETH will be worth 1.1 ETH)
* Farm gETH LP pairs, which will be incentivized with xGND and GND on GND protocol.
* Collateralize to mint yield-bearing stablecoins on partnered Liquity forks

<figure><img src="https://1136955223-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSDEn8Abdjo8l8Nioue3a%2Fuploads%2F7RrtMAJrEJWbOk07GElq%2FGND%20-%20TEMPLATE%20(2).png?alt=media&#x26;token=dfddae26-f4c4-4596-98e4-c334890d0b9d" alt=""><figcaption></figcaption></figure>