Yeah I know that about beefy. But I'm just asking ... @beefyfinance

Answer: The initial sETH tokens were minted from ETH, as you mentioned. However, it is possible that this has changed since the beginning, so it is best to check the official documentation for the latest information. Additionally, it is important to note that the sETH tokens are a type of synthetic asset, meaning that they are designed to track the value of ETH, and can be used to gain exposure to the ETH market without actually owning ETH.

check their docs. initial sETH were supposed to be minted from ETH IIRC but idk if that has changed since the beginning