> For the complete documentation index, see [llms.txt](https://docs.aspidanet.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aspidanet.com/aspida/how-it-works/saeth-token.md).

# saETH Token

saETH is a staking ETH LSD staking token,it is an ERC-4626 compliant token that is minted upon aETH staking.

Users are required to stake their aETH into saETH to earn Ethereum's staking yield. This mechanism provides structural liquidity yield, where staking yield is exclusively distributed to those who have staked aETH into saETH. Consequently, it offers a leveraged yield structure (higher than native staking yield) to saETH holders, with the saETH yield increasing as more aETH remains unstaked.

| Contract Name  | Contract Address                           | Link                                                                            |
| -------------- | ------------------------------------------ | ------------------------------------------------------------------------------- |
| saETH          | 0xF1617882A71467534D14EEe865922de1395c9E89 | [link](https://etherscan.io/address/0xF1617882A71467534D14EEe865922de1395c9E89) |
| implementation | 0xD9F64Ee3DD6F552c1BcfC8862dbD130bc6697a66 | [link](https://etherscan.io/address/0xD9F64Ee3DD6F552c1BcfC8862dbD130bc6697a66) |


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