Ethereum Community Foundation Rolls Out BETH to Make Token Burns Visible

The Ethereum Community Foundation (ECF) has rolled out a new token, BETH, which serves as a verifiable record of Ether permanently removed from circulation. The launch underscores the foundation’s mission to restore Ethereum’s focus on ETH as a core asset. It also aims to strengthen Ethereum’s monetary design at a time when debates about scarcity remain unresolved What is the BETH Token? Unveiled on August 28, the program operates through a smart contract that accepts ETH and forwards it to an irretrievable burn address. It then issues an equal amount of BETH back to the contributor source: https://beincrypto.com/ethereum-community-foundation-beth-burn-token/