The $600 million worth of Ether will be restaked on EigenLayer.
Liquid restaking protocol Ether.Fi will commit $600 million worth of ether {{ETH}} in a delegation deal to secure the Omni Network.
Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.
The partnership will bring new AI capabilities to decentralized applications.
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
The restaking protocol’s TVL is up 307% during the past month following the temporary removal of its staking cap.