eETH

Overview

eETH is our flagship Ethereum-backed liquid restaking token. eETH simplifies yield optimization and expands utility and is now available for native staking and bridging across multiple chains.

eETH is backed by staked & restaked ETH, through EigenLayer, to bring the natively dual yielding (staking + restaking) Ethereum product to market

Key Benefits

ether.fi's eETH and weETH are Natively ReStaked tokens.

In a conventional Liquid ReStaking strategy, the users lock their Liquid Staking Tokens such as stETH into the EigenLayer's Liquid ReStaking Strategy contracts. The cons are that the restaked assets are non-transferrable, non-usable in DeFi, and require 14 days withdrawal period for redemption back into the LSTs. Note that you will need additional delays to redeem ETH from your LSTs, again.

In ether.fi's eETH and weETH where the Native ReStaking happens in the protocol level:

• By holding eETH/weETH, you earn the staking rewards based on the staked ETH amount and protocol's staking yields.

• By holding eETH/weETH, you earn the restaking rewards based on the natively restaked ETH in the protocol level and protocol's restaking yields (+ EigenLayer points). Users do not need to make separate actions or lock up their assets.

• You can bring your eETH/weETH to another DeFi and do degens!

• you can redeem your ETH out of eETH/weETH without the 14 days withdrawal period as long as ether.fi has the available liquid ETH in the contract.

For more details, visit here