ether.fi is a decentralized, non-custodial delegated staking protocol with a Liquid Staking Derivative token. Deposits to Ether.Fi are natively re-staked with Eigenlayer. Eigenlayer repurposes staked ETH to support external systems (e.g., rollups, oracles) with an economic security layer, which increases yield for ETH stakers in the process.
One of the distinguishing characteristics of ether.fi is that stakers control their keys. The ether.fi mechanism also allows for the creation of a node services marketplace where stakers and node operators can enroll nodes to provide infrastructure services and the revenue from these services is shared with stakers and node operators.
ETHFI is a native coin of the ether.fi ecosystem, operating on Ethereum according to ERC20 standard, and can be used by the community to govern key aspects of the protocol, including: