Combined with the hourly line of ethfi, if it continues to test the 3.2 position downward, it will continue to fall after breaking through. Friends who want to buy at the bottom can wait a little longer.
EtherFi launches a groundbreaking three-stage staking model: promoting innovation in Ethereum asset liquidity and introducing NFT economic incentives!
EtherFi is an innovative project dedicated to optimizing the field of decentralized finance (DeFi), focusing on improving Ethereum staking and increasing liquidity. By launching a non-custodial staking solution, EtherFi enables users to obtain staking returns while maintaining asset liquidity, solving the problem of fund lock-up in traditional staking.
EtherFi's core values include decentralization, sustainability, ethical operations, and community-focused operations, with the goal of maintaining the integrity of the Ethereum ecosystem. It has designed a complex system involving three phases for stakers, node operators, and node service providers: delegated staking, liquidity pools, and node services. The uniqueness of this system is that it allows stakers to maintain control of their keys throughout the process, which is very prominent in the DeFi space.
In addition, EtherFi launched the Liquid Staking Token (LST) - EETH, reflecting its commitment to liquidity and flexibility.
【Operation Principle】
Phase 1: Delegated Staking In this phase, stakers can delegate stake in units of 32 ETH. Node operators bid to indicate that they are eligible for allocation of validator nodes. Stakers deposit ETH into EtherFi’s contract to trigger an auction mechanism to assign node operators to run validators. This process generates two NFTs that represent ownership of the withdrawal vault and provide an insurance mechanism. Stakers or node operators can issue an exit command to transfer the staked ETH to the withdrawal vault and destroy the NFT to get their ETH back (minus fees).
Phase 2: Liquidity Pool and eETH This phase provides opportunities for stakers with less than 32 ETH or those who do not want to directly monitor the verification node to participate. The liquidity pool contains ETH and T-NFTs. When the staker deposits ETH into the pool, the pool will mint eETH tokens and transfer them to the depositor. Pledgers holding T-NFTs can also deposit them into the pool and mint an equivalent amount of eETH.
Phase 3: Node Services This is the prospecting phase of the protocol, including many undecided technical decisions, such as using NFTs to create a programmable staking infrastructure layer to create economic incentives for node operators and stakers. Nodes can be registered to provide additional services, which requires the joint consent of node operators, B-NFT holders, and EtherFi.
[Core Mechanism]
EtherFi allows stakers to maintain full control of their Ethereum keys, which is a key feature that distinguishes it from other staking protocols. In EtherFi, stakers do not just send their ETH to the protocol, but through a special mechanism, they ensure that they still control their assets throughout the process.
