Description
eEIGEN, offered by ether.fi, is a pioneering product that facilitates liquid restaking for the EIGEN token. Addressing the increasing demand for alternative collateral in the restaking process, eEIGEN not only simplifies the restaking experience but also enhances the utility within the decentralized finance (DeFi) space. Users have the ability to deposit EIGEN tokens on the ether.fi platform to mint the eEIGEN Liquid Restaking Token (LRT). This process allows participants to earn restaking rewards, which are distributed as LRT² tokens, representing a share of the pooled rewards accumulated through restaking.
eEIGEN, offered by ether.fi, is a pioneering product that facilitates liquid restaking for the EIGEN token. Addressing the increasing demand for alternative collateral in the restaking process, eEIGEN not only simplifies the restaking experience but also enhances the utility within the decentralized finance (DeFi) space. Users have the ability to deposit EIGEN tokens on the ether.fi platform to mint the eEIGEN Liquid Restaking Token (LRT). This process allows participants to earn restaking rewards, which are distributed as LRT² tokens, representing a share of the pooled rewards accumulated through restaking.