Ether.fi

Ether.fi is the largest liquid restaking protocol, enabling users to stake ETH and simultaneously restake the resulting assets across multiple Actively Validated Services. The protocol issues eETH, its liquid restaking token, which represents staked ETH and accrues both Ethereum staking rewards and restaking yields from AVS participation. Ether.fi abstracts away the technical complexity of choosing individual AVS opportunities and managing multiple positions, allowing users to earn composite yields from its curated restaking strategy. The protocol has grown to manage billions in total value locked, making it a primary entry point for retail and institutional users seeking restaking exposure without direct AVS interaction. Example: A user deposits 10 ETH into Ether.fi and receives eETH tokens, which automatically earn staking rewards from Ethereum's consensus layer plus additional yields from Ether.fi's restaking position in services like EigenDA and other AVS partners. Why it matters for DeFi: Ether.fi transforms restaking from a technical endeavor into an accessible DeFi primitive, enabling composability across liquid restaking tokens and expanding yield generation opportunities within decentralized finance applications.

Category: defi, mining staking

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