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