Verify you are human by completing the action below.    

Ether.fi to review the security of your connection before proceeding.     

Ray ID: AjYtKbVsSRfvG

Performance & security by Cloudflare

Ether.fi Official: Liquid Restaking, eETH & Cash Card 

Ether.fi Official: Liquid Restaking & Cash Hub 

Ether.fi Official is the market-leading liquid restaking protocol built on Ethereum, integrating natively with EigenLayer. This technical documentation serves as the primary resource for minting eETH vs weETH for DeFi compatibility, utilizing the Ether.fi Cash Card for real-world spending, and participating in Ether.fi Loyalty Seasons. Ether.fi pioneered the concept of "Native Restaking" to maximize capital efficiency. 

Ether.fi Ecosystem: The Restaking Engine 

Ether.fi redefines staking by combining yield generation with real-world utility.

Native Restaking: Unlike traditional LSTs, ETH deposited into Ether.fi is automatically "restaked" on EigenLayer. This generates two streams of yield: standard ETH validation rewards and EigenLayer Restaking Points (future AVS rewards).

eETH: The primary token is eETH, a rebasing token that reflects your staking rewards daily. It is the first LST where stakers technically retain control of their keys via the protocol's non-custodial architecture.

Cash Card: The Ether.fi Cash Card is a mobile-first Visa card. It allows users to spend their yield or borrow against their collateral. The "Borrow" mode is critical for tax efficiency, as it avoids selling the underlying asset.

Solo Staker & DVT 

The infrastructure of Ether.fi Official focuses on decentralizing the Ethereum validator set.

Operation Solo Staker: This initiative empowers home stakers. By utilizing Operation Solo Staker DVT (Distributed Validator Technology), the protocol lowers the bond requirement (often to 2 ETH or less) for running a node, allowing independent operators to compete with large institutions.

Distributed Validator Technology: Ether.fi collaborates with Obol Network to split validator keys across multiple machines. This ensures that if one node goes offline, the validator continues to attest, minimizing slashing risks.

weETH Wrapper: For DeFi apps that cannot handle rebasing tokens (like Uniswap or Balancer), users wrap eETH into weETH. This token increases in value rather than balance, becoming the standard collateral for Ether.fi Liquid Restaking in DeFi.

ETHFI, Seasons & The Club 

The reward system is gamified to encourage long-term retention.

Loyalty Seasons: The protocol operates in "Seasons." Users earn Ether.fi Loyalty Points based on their TVL and duration. These points historically determine the allocation for ETHFI Token Airdrop events.

The Club: A membership tier system (Core -> Luxe -> Pinnacle). Staking $ETHFI or holding significant eETH allows users to level up, unlocking higher yield boosts and lower fees on the Cash Card.

Governance: $ETHFI holders govern the protocol treasury and can vote on key upgrades, such as onboarding new AVSs (Actively Validated Services) or changing fee structures.

Security, Audits, and Risks 

Ether.fi Official prioritizes user sovereignty and code safety.

Non-Custodial Keys: A key differentiator from competitors (like Lido) is that Ether.fi allows stakers to encrypt their validator keys, ensuring that the node operator cannot "rug" the underlying ETH.

Audits: The protocol smart contracts have been audited by top-tier firms including Zellic, Solidified, and Nethermind. (Always verify specific reports on the official GitBook).

Restaking Risk: While lucrative, EigenLayer Restaking introduces additional slashing conditions. If an AVS (service) is mismanaged, a portion of the restaked ETH could theoretically be slashed, though Ether.fi employs risk management committees to vet these services.

Official Documentation & Reference 

Access the verified Ether.fi Official technical resources below:

App: app.ether.fi

Docs: etherfi.gitbook.io

Twitter: x.com/ether_fi

DefiLlama: defillama.com/protocol/ether.fi

Frequently Asked Questions 

What is the difference between eETH and weETH? eETH is a rebasing token (balance goes up daily). weETH is a non-rebasing wrapped version (price goes up) used for DeFi protocols like Aave or Pendle.

How does the Ether.fi Cash card work? The Ether.fi Cash Card is a Visa card that lets you spend your balance. You can choose to pay directly or "borrow" against your crypto to avoid selling and triggering capital gains tax.

What is Operation Solo Staker? It is a program using Operation Solo Staker DVT to help individuals run Ethereum nodes from home with reduced capital requirements, improving network decentralization.

Is Ether.fi safe? Ether.fi is a non-custodial protocol audited by major firms. However, "Restaking" via EigenLayer adds a layer of smart contract and slashing risk that users should understand.