ynETH MAX wallet

What is ynETH MAX (YNETHX)?

ynETH MAX (YNETHX) is YieldNest's "MAX" restaking token: a single ERC-20 that stands in for a bundle of ETH strategies running underneath it rather than for one position. Where a plain liquid restaking token wraps staking plus one restaking layer, ynETHx sits over a set of modular strategies that a DAO structure can add, retire or rebalance, including positions that live on chains other than Ethereum. Settlement and the accounting for the token stay anchored to Ethereum.

For a holder, the practical consequence is that the token is a claim whose composition changes without any action from you. You do not manage the strategies, you do not rotate anything, and there is no position to close and reopen. What matters instead is the wrapper itself: ynETHx is deployed on several chains, and the balance on one chain is a different token contract from the balance on another. Address formats match across EVM chains, so a transfer is only correct if the receiving side expects the same chain you are sending from. Check that before you sign, not after.

Supported networks in Tangem (8): Scroll, Base, Optimism, Arbitrum One, Blast, Ethereum, BNB Smart Chain, Mantle. The app tracks each chain's balance separately and names the network on the transaction screen before the card is tapped, which is the moment to confirm you are on the right one. Since ynETHx is a hold-and-leave-alone asset that moves rarely, a card sitting in a drawer with the key never exposed to a browser suits it better than a hot wallet you open daily.

The value of the token relative to ETH is meant to reflect the underlying strategies over time; the token count in your wallet does not change on its own.