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