Bridged Wrapped stETH (Gnosis) (WSTETH) is a synthetic asset that represents staked Ether (stETH) on the Ethereum network. It is created by wrapping stETH tokens with additional features such as increased liquidity and interoperability with other DeFi platforms. WSTETH allows users to earn passive income from staking Ether while still being able to trade and use their assets in decentralized finance applications.