Ether.fi will release its final structural association with EigenLayer this quarter
The liquidity pledge agreement Ether.fi will release its last structural association with EigenLayer this quarter, and its heavy collateral assets will account for less than 1% at that time. CEO Mike Silagadze stated that the reason for the exit is that the risk of heavy collateral still exists and there is no substantial return. Heavy collateral currently guarantees $10 billion in assets, but only generates $99977 in handling fees per week; Calculated per dollar of protected assets, the ordinary liquid collateral yield is approximately 53 times its value. The total gross profit of the top five remaining liquidity heavy collateral tokens in the previous quarter was $953400, lower than the $2.18 million three quarters ago. (Source: CoinDesk)