EtherFi: The Liquid Staking Protocol That's Changing the Ethereum Game

Have you ever stopped to think about why so many people don’t stake ETH? The answer is simple: fear of losing control over their assets. Well, EtherFi is here to break that taboo.

The Non-Custodial Revolution

Unlike traditional platforms, EtherFi allows you to stake Ethereum while keeping your private keys in your possession. No need to trust third parties. Your ETH, your rules.

The protocol works through two paths:

• Path 1: Permissionless, requires only 2 ETH as collateral and uses distributed validator technology
• Path 2: 2-year commitment operating the node, with no initial deposit required

This means anyone—whether a beginner or a seasoned Ethereum user—can participate in securing the network without intermediaries.

eETH: The Token That Works for You

The platform’s native token, eETH, is a liquid staking derivative that functions as a rebaseable ERC-20 token. In plain English: your eETH balance grows automatically as the protocol generates rewards.

But the magic really happens when combined with EigenLayer.

The EigenLayer Equation = Turbocharged Yields

Integration with EigenLayer enables automatic restaking of your eETH. While you sleep, your tokens:

1. Earn regular Ethereum staking rewards
2. Validate additional services through EigenLayer
3. Generate extra yields without you lifting a finger

It’s like earning compound interest while the protocol works for you.

Security First: T-NFT and B-NFT NFTs

Each validator on the network receives two NFTs:

• T-NFT (Transferable): Proof of ownership of the staked ETH
• B-NFT (Bound): Linked to the person controlling the validator key—a guarantee of accountability

This structure drastically reduces the risks of malicious operators.

The Numbers Speak

EtherFi raised $23 million in Series A, a clear sign of market confidence. The growth in TVL (Total Value Locked) and number of users shows that the market is hungry for decentralized alternatives.

What’s Next?

The roadmap includes:

• DAO governance implementation
• DVT Phase 2 integration (fully automated process for solo staking)
• Open-sourcing the code for the community

Why Does This Matter?

EtherFi is not just another staking protocol. It’s a step toward a truly decentralized Ethereum, where decision-making power returns to where it belongs: the stakers.

In a market where security and control are a luxury, EtherFi offers both without the usual price tag.