Liquid restaking providers funnel consumer deposits into EigenLayer and provide additional rewards on high, together with tradeable “liquid restaking tokens” that symbolize a consumer’s underlying funding. Ether.fi has $3.8 billion locked up with EigenLayer – belongings that may ultimately assist energy the pooled safety system. In return for deposits, Ether.fi grants customers a by-product token, Ether.Fi ETH (eETH), which earns curiosity and could be traded in decentralized finance (DeFi).
