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ETHFI Price
$4.10650
+26.09%
Market Cap
$473.07M
24H Volume
$250.03M
Circ Supply
115.2M

ETHFI Market Stats

  • Price $4.10650
  • 1H Change +2.94%
  • 24H Change +26.09%
  • 7 Day Change +18.26%

ether.fi Info

ether.fi operates as a liquid restaking protocol within the Ethereum blockchain ecosystem. It introduces eETH, the platform’s liquid restaking token, which is notable for being Ethereum’s initial native token of this kind. The protocol enables users to mint eETH, which involves Ether.fi staking and restaking Ethereum (ETH) on their behalf. This process is designed to optimize and potentially increase the staking rewards for users.

The benefits of minting eETH extend to four primary reward categories:

  1. Ethereum Staking Rewards: Users gain from the foundational rewards of Ethereum staking.
  2. Ether.fi Loyalty Points: Participants receive loyalty points as a recognition of their engagement with the platform.
  3. Restaking Rewards: This includes additional benefits, such as EigenLayer points, aimed at enhancing the total reward potential.
  4. Liquidity Provision to DeFi Protocols: eETH holders have the opportunity to provide liquidity to decentralized finance (DeFi) protocols, enabling another layer of reward generation.

Ether.fi’s establishment of the eETH token marks a significant development in the Ethereum staking landscape, offering users a novel approach to engage with and benefit from staking activities on the Ethereum network.

ether.fi Technical Info

ether.fi News

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