ETHFI – Token representing the Ethereum staking revolution"
ETHFI is the governance token of the Ether.Fi project, a prominent liquid restaking protocol within the Ethereum ecosystem. Instead of just staking regular ETH, Ether.Fi allows users to restake ETH and receive representative tokens to continue participating in other DeFi protocols – earning profits from staking while leveraging capital.
ETHFI serves as a governance token, enabling holders to vote on important changes within the protocol. Additionally, ETHFI is also used to incentivize users to participate in the network and contribute to the validation process.
With the increasingly developing trend of restaking, especially after the success of EigenLayer, ETHFI has the potential to become one of the important tokens in the new Ethereum financial infrastructure.
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