Ether.fi is an innovative decentralized, non-custodial delegated staking protocol designed for the Ethereum network to provide a new infrastructure-level staking solution. The core advantage of the protocol is that it allows users to proxy stake while still maintaining full control of their private keys, thereby ensuring the security of assets and user autonomy.
When users deposit ETH into Ether.Fi, these funds are automatically re-staked with Eigenlayer. As an intermediary layer, Eigenlayer uses these staked ETH to support and enhance the economic security of external systems (such as Rollups, oracles, etc.), thereby generating additional returns for the original ETH stakers in the process. This mechanism not only promotes the healthy development of the Ethereum ecosystem, but also makes staking more profitable.
As the original utility and governance token of the Ether.Fi protocol, ETHFI carries multiple important functions. Community members can participate in the governance process of the protocol by holding ETHFI, involving key aspects including but not limited to the management of the Ether.Fi treasury, decision-making on key protocol upgrades, and the setting and distribution of protocol fees. This token economic design ensures that the development of the Ether.Fi protocol can closely match the needs and expectations of the community, and jointly promote the prosperity and progress of the Ethereum staking ecosystem. $ETHFI