Encapsulating ETH2 is required before selling or sending your staked ETH before the Ethereum network upgrade; this feature is expected to be available as early as 2023. Besides this, cbETH can also be used in DeFi and other dApps. Furthermore, if you want to sell your ETH2 or send it to another wallet, you need to encapsulate it as cbETH, which is the only option.
August 28, 2026 190
