ether.fi
About ether.fi
ether.fi offers a non-custodial decentralized ETH staking solution that enables users to stake their ETH and receive eETH, a liquid restaking token that generates additional rewards across DeFi platforms. This approach enhances staking yields while maintaining user control over their assets, addressing the need for greater decentralization and security in Ethereum staking.
```xml <problem> Traditional Ethereum staking solutions often require users to relinquish control of their ETH to centralized custodians or node operators, introducing counterparty risk and limiting participation in the broader DeFi ecosystem. Existing liquid staking derivatives may not fully capture the rewards available through restaking protocols like EigenLayer. </problem> <solution> ether.fi provides a non-custodial, decentralized ETH staking protocol that allows users to retain control of their private keys while participating in staking and restaking activities. By staking ETH through ether.fi, users receive eETH, a liquid restaking token that accrues staking and restaking rewards. The protocol leverages native restaking via EigenLayer, enabling eETH holders to earn additional yields from various DeFi platforms. ether.fi also promotes Ethereum decentralization through its Solo Staker program, which encourages users to run their own validator nodes. </solution> <features> - Non-custodial staking where users retain control of their private keys - eETH, a liquid restaking token that earns staking and EigenLayer restaking rewards - Native restaking integration with EigenLayer for enhanced yield opportunities - Solo Staker program to promote Ethereum decentralization by enabling users to run their own nodes - Liquid vaults that automate yield optimization across various DeFi protocols - Integration with over 400 DeFi and centralized exchange platforms - A DeFi-native credit card that allows users to spend crypto and earn cashback - Governance via the ETHFI token, allowing holders to shape the future of the protocol </features> <target_audience> ether.fi targets ETH holders seeking to maximize their staking and restaking rewards while maintaining control over their assets, as well as DeFi users looking for liquid and composable assets for yield farming and other strategies. </target_audience> <revenue_model> ether.fi generates revenue through fees associated with staking, restaking, and liquid vault strategies. </revenue_model> ```
What does ether.fi do?
ether.fi offers a non-custodial decentralized ETH staking solution that enables users to stake their ETH and receive eETH, a liquid restaking token that generates additional rewards across DeFi platforms. This approach enhances staking yields while maintaining user control over their assets, addressing the need for greater decentralization and security in Ethereum staking.
Where is ether.fi located?
ether.fi is based in George Town, Malaysia.
When was ether.fi founded?
ether.fi was founded in 2022.
How much funding has ether.fi raised?
ether.fi has raised 32400000.
Who founded ether.fi?
ether.fi was founded by Mike Silagadze and Rok Kopp.
- Mike Silagadze - CEO
- Rok Kopp - Co-Founder/Chief Growth Officer
- Location
- George Town, Malaysia
- Founded
- 2022
- Funding
- 32400000
- Employees
- 29 employees
- Major Investors
- Hyperithm