The actual rewards depend on your individual stake size relative to the total pool size you join. However, higher allocation to the BNB pool doesn’t necessarily mean BNB stakers earn more ETHFI. The total supply of ETHFI, the native governance token of Ether.fi (ETHFI), is capped at 1 billion tokens. These validator NFTs form the basis of a programmable infrastructure layer, enabling the development of more complex staking-related services.
Ether.fi also offers a crypto-native credit card with cash back rewards for staking on their platform, integrating real-world utility with crypto assets. Ether.fi offers a secure and decentralized approach to Ethereum staking, giving users control of their validator keys and access to higher returns through eETH and automated Liquid Vaults. Ether.fi is a non-custodial staking protocol that lets users stake ETH while retaining control of their validator keys. At its core, the platform empowers stakers by giving them control over their withdrawal credentials, removing reliance on the protocol itself and significantly mitigating counterparty risks. Among the growing number of staking protocols, Ether.fi (ETHFI) stands out with a fundamentally different approach. The integration with EigenLayer further enhances this system, allowing for restaking and service delegation without compromising user control.
This architecture makes staking programmable and composable, opening the door for further utility. Notably, BitMEX co-founder Arthur Hayes also participated, signaling strong confidence in Ether.fi’s long-term vision and decentralized architecture. This expands decentralization and opens up new earning opportunities within the ecosystem. By holding eETH, you can also accumulate loyalty points from Ether.fi and EigenLayer, which do not expire and are visible on the Ether.fi platform. The airdrop aims to reward community engagement and contributions towards the development and growth of the Ether.fi platform. Ether.fi is conducting an airdrop of 68 million ETHFI tokens to early participants and various stakeholders within its ecosystem.
This is achieved without requiring any additional steps from you, distinguishing eETH from other staking protocols by its non-custodial nature and automatic restaking capabilities. Holding eETH automatically enrolls you in restaking, accumulating both staking and restaking rewards, including loyalty points from both ether.fi and EigenLayer. Additionally, ETHFI tokens are used to incentivize behaviors that contribute to the growth and security of the platform, rewarding users for their engagement and support. Its three-phased approach encompasses delegated staking for ETH holders, a liquidity pool featuring eETH for more inclusive participation, and future node services to bolster Ethereum’s decentralized infrastructure. With a notable total value locked (TVL) exceeding $3.21 billion, Ether.fi is the largest liquid restaking protocol, offering a unique blend of accessibility, efficiency, and user-centric operations.
As the platform evolves, its focus on community, sustainability, and ethical operations continues to attract users seeking to maximize their DeFi engagement. Additionally, the fluctuation ETHFI price could affect your ETH staking and restaking rewards, so it’s crucial to stay informed and manage risks carefully. However, when using Ether.fi for restaking, it’s essential to be aware of smart contract risks, which could potentially lead to the loss of staked assets. By design, Ether.fi has streamlined the staking and restaking process, making it accessible and efficient for users.
Ether.fi (ETHFI) is a decentralized liquid staking protocol built on the Ethereum blockchain. Dive into the world of enhanced ETH rewards with Ether.fi, where control, flexibility, and higher earning potential come together in a user-centric protocol. By blending user control with a robust, decentralized framework, Ether.fi not only simplifies the staking process but also opens up new avenues for earning through restaking. To start restaking ETH on Ether.fi, first, you must mint eETH, Ether.fi’s liquid staking token. Restaking ETH on Ether.fi involves a simple process facilitated by the platform’s innovative approach to liquid staking through its token, eETH.
This platform aims to revolutionize the Ethereum staking experience by introducing a non-custodial delegated staking mechanism. Our platform earns commissions through partnerships and sponsors, which is how we support our analysts. Its revenue model and ETHFI token-based governance ensure long-term sustainability and community-driven growth, making it a robust solution for staking and DeFi integration. The platform also operates a node services marketplace, where stakers and node operators provide infrastructure services. This fee structure supports protocol development while incentivizing node operators to maintain infrastructure. The vaults allocate funds across integrated protocols such as AAVE, Pendle, and Uniswap V3.
Revenue from these services is shared between the protocol and participants, creating a direct and sustainable economic model. Vaults are built using Veda’s smart contract architecture, which incorporates automated risk monitoring, programmatic exits during adverse conditions, and integration with multiple DeFi platforms. It uses Distributed Validator Technology (DVT) to enhance security and decentralization. In addition to staking, Ether.fi offers products such as Liquid Vaults for automated yield generation and a crypto-backed Visa card for spending and borrowing. It uses Distributed Validator Technology (DVT) to ensure self-custody of validator keys and offers automated Liquid Vaults for DeFi yield strategies, managing over $8 billion in assets. “Dont make a mistake use ether.fi to stake”
The introduction of Distributed Validator Technology (DVT) lowers the entry barrier for solo node operation, democratizing participation in Ethereum’s security. Ether.fi sets itself apart with its focus on decentralization, control over one’s keys, and its forward-looking approach to Ethereum staking. This capability is exclusive to eETH, as it does not lock users’ tokens, maintaining composability within the DeFi space. EETH can be used across various DeFi protocols, further enhancing its utility and the potential for reward accumulation.
The goal of Ether.fi is to make staking more accessible, profitable, and genuinely decentralized. Ether.fi is reinventing Ethereum staking by offering maximum returns thanks to EigenLayer restaking and DeFi yields. There’s a reason they are such a leader in this market, attracting more liquidity from the biggest allocators onchain who demand the best security.” Ether.fi makes Ethereum staking simple, secure, and truly decentralized. Integrated across 400+ DeFi protocols. Value-accruing assets for greater rewards on your crypto.
While ETH and LST deposits are automatically restaked through EigenLayer for higher staking rewards, eETH can be used to explore DeFi opportunities for maximum profits. This new strategy enables retail ETH holders to increase potential rewards daman game app by repurposing the staked ETH to share mainnet security to so-called Actively Validated Services (AVSs). Retail users can become delegators by staking any ETH amount with specialized services pooling capital, reducing entry barriers, and maintaining a high degree of decentralization. Validators must lock at least 32 ETH to help secure the network and earn rewards, with annual rates ranging from 3.5% to 7%.
To understand how ether.fi prevents attacks from bad actors, it’s essential to delve into the security mechanisms of the Ethereum blockchain. Ether.fi operates on the Ethereum blockchain, a decentralized platform that enables smart contracts and decentralized applications (dApps). The protocol’s unique approach includes plans to create a real-life spending account and remove upgradability from its smart contracts, enhancing security and user trust.
“I want to earn and spend simultaneously using ether.fi” Ether.Fi Cash card is not affiliated with the ether.fi protocol and issued subject to separate terms provided by Issuer. Decentralized by design, ether.fi is built on top of Ethereum’s robust decentralized infrastructure, ensuring trustworthiness and transparency.
Curious about how staking and re-staking works? Your assets are restaked, securing and supporting the Ethereum ecosystem. Despite the challenges and fluctuations in the cryptocurrency market, ether.fi has continued to innovate and expand its offerings.
Travel and DeFi rewards, conference passes and additional 1% cashback on every purchase made by your referrals. Your crypto remains in your control. Stay in control with on-chain features. Use your ether.fi crypto balance with Cash to spend with your card.
This security challenge highlighted the importance of robust security measures and prompted ether.fi to strengthen their protocols to protect user assets and data. Their liquid restaking token, eETH, is the first native liquid restaking token on Ethereum, allowing stakers to mint eETH and maximize rewards through various mechanisms. As a liquid restaking protocol on Ethereum, ether.fi introduces innovative ways to interact with the blockchain. This means users retain control over their assets while participating in the staking process, enhancing both security and user autonomy. Users can mint eETH, a liquid staking token, which facilitates automatic restaking and participation in the DeFi ecosystem. Ether.fi earns revenue through a 10% commission on staking rewards, with 5% going to the protocol treasury and 5% to node operators.
It enables users to deposit ETH or liquid staking tokens (LSTs) for staking and receive an equivalent asset, eETH, which can be used in decentralized finance (DeFi) for yield opportunities. The platform works similarly to liquid staking protocols like Lido. The introduction of ether.fi Loyalty Points and restaking rewards, including EigenLayer points, has provided additional incentives for users to engage with the platform. By integrating EigenLayer, ether.fi enables users to restake their assets across various platforms, maximizing their staking rewards. The liquid restaking token, eETH, is the first of its kind on Ethereum, allowing users to maximize their rewards through continuous restaking.
“ether.fi has set the bar for consumer-ready DeFi. “The ether.fi team is one of the best product-focused teams I’ve met in this space” Connect your ether.fi portfolio to spend with your card. Automate your earnings with these strategy vaults With over 400 integrations across DeFi and centralized exchanges, with rewards when you trade, lend or leverage across the ecosystem.
The ability to provide liquidity to DeFi protocols through eETH has opened up new opportunities for users to earn rewards and participate in the decentralized finance ecosystem. This is achieved through ether.fi’s native liquid restaking token, eETH, which users can mint by staking their ETH on the platform. Ether.fi, founded by Mike Silagadze and backed by ConsenSys, is among the first decentralized Ethereum staking protocols with self-custody validator keys and liquid staking tokens. Ether.fi emphasizes the non-custodial and automatic nature of restaking with eETH, ensuring that users retain control over their keys while benefiting from a streamlined process to earn rewards. The process mirrors other liquid staking protocols but with the added benefit of eETH’s integration into the wider DeFi ecosystem and its automatic restaking features. However, unlike standard liquid staking protocols, Ether.fi offers native restaking by leveraging EigenLayer technology.
