# Introducing gtcETH - A New Way to Fund Public Goods through Staked ETH #Web3 *Last Updated: March, 2023* Gitcoin and Index Coop have partnered to create Gitcoin Staked ETH Index (gtcETH), an ERC-20 token that provides diversified exposure to liquid staking tokens while allowing users to earn staking rewards and contribute to public goods simultaneously. The token aims to simplify staking in Ethereum and offer a passive way to fund public goods. It will be built on Index Protocol and include liquid staking tokens from Rocket Pool, Lido, and StakeWise. A portion of the staking rewards earned by the underlying assets will contribute to the token's value, providing a positive-sum opportunity for funding public goods. The token also provides a steady funding stream for Gitcoin Grants, with a portion of the streaming fee going to Gitcoin and Index Coop. By holding gtcETH, contributors can keep their ETH, earn staking rewards, and support Gitcoin Grants. Access the complete article on the [Gitcoin Blog](https://www.gitcoin.co/blog/introducing-gtceth-a-new-way-to-fund-public-goods-through-staked-eth)