hcbETH is the bridged version of Coinbase Wrapped Staked ETH (cbETH) on Haven1. It represents ETH staked through Coinbase, bringing staking rewards into Haven1’s ecosystem. With hcbETH, users can utilize a yield-bearing Ethereum derivative for lending, trading, and DeFi strategies on Haven1. It offers both exposure to ETH staking rewards and full composability across Haven1’s DeFi applications. hcbETH combines the security of Coinbase’s staking infrastructure with the efficiency and flexibility of Haven1’s permissioned blockchain.