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Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise

February 28, 2023
in Crypto Updates
Reading Time: 1 min read
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“The vast majority of right this moment’s ETH staking protocols – which, even after Shanghai, would require node operators to voluntarily return stakers’ belongings upon request – might pose a critical risk to the ETH ecosystem in the event that they had been to fail,” Hayes stated in an announcement to CoinDesk, referring to Ethereum’s Shanghai improve that is due subsequent month. “[Ether.fi] will allow stakers to keep up true custody of their very own belongings as a part of its mission to eradicate staker, node operator, counterparty, and ecosystem dangers throughout proof-of-stake networks.”

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Tags: 5.3MClosesEther.FiFundraiseLiquidNonCustodialPlatformStaking
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