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Liquid restaking providers funnel person deposits into EigenLayer and supply additional rewards on high, together with tradeable “liquid restaking tokens” that characterize a person’s underlying funding. Ether.fi has $3.8 billion locked up with EigenLayer – belongings that can finally assist energy the pooled safety system. In return for deposits, Ether.fi grants customers a spinoff token, Ether.Fi ETH (eETH), which earns curiosity and could be traded in decentralized finance (DeFi).
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