Ether.Fi Launches eETH Liquid Staking Token, Raising $5.3M to Make Non-Custodial ETH Staking Easy

Ether.Fi rolled out a liquid staking token called eETH that allows users to generate rewards by staking Ether.

eETH can be automatically restaked on EigenLayer, a popular restaking protocol.

eETH enables users to benefit from partnerships with platforms like Balancer, Aura, unshETH, etc.

Ether.Fi raised $5.3M to develop and release eETH, which will be on mainnet Nov. 6.

The goal is to support Ethereum decentralization by making non-custodial staking easy and accessible.