Ether.fi's ETH Staking Loyalty Program, Ether.fan | Quick Hit

Mike Silagadze is the Founder and CEO of EtherFi. In this Quick Hit, we review EtherFi's Ethereum staking loyalty program: Ether.fan. EtherFi is a newer ETH liquid staking protocol launched in 2023 with a novel twist called their Early Adopter Program, which led the protocol to quickly attract $40M in staked ETH within the first 2 months on Ethereum Mainnet. EtherFi is the only ETH liquid staking protocol where stakers retain control of their keys, which means that even if the protocol gets attacked or if the node operators get shut down, you can always get your ETH back. We talked with Mike about their hugely successful ETH staking loyalty program Ether.fan where you get rewarded the longer you stake, by minting a provably rare NFT to earn boosted staking rewards. ------ 📺 If you prefer video, watch episodes of The Edge Podcast on YouTube: https://www.youtube.com/playlist?list=PLNzMl-Xdbc4YfQcYdy96wgTAWoMr-3b-j THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN(S) RELATED TO ANY PLATFORM(S) DISCUSSED. ------ 🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod 🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/ ✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad ✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap ------ The Edge Podcast Sponsor Resources ⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND AI-POWERED TRADING ANALYTICS POWERED BY KYBER AI 🏗️ MANTLE | HIGH-PERFORMANCE ETHEREUM L2 WITH MODULAR DESIGN, LOW FEES, AND HIGH SECURITY 🥑 INSTADAPP | THE NEW AVOCADO SMART CONTRACT WALLET ⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS 🏢 PARCL | TRADE YOUR FAVORITE CITIES WITH REAL ESTATE SYNTHETICS 🚜 OETH BY ORIGIN DEFI | AN INNOVATIVE ETH YIELD TOKEN LEVERAGING LEADING LSTS AS COLLATERAL 🚀 LIQUITY | UNSTOPPABLE ETH-BACKED STABLECOINS AND LEVERAGE 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Topics Covered 00:00 - Intro 06:17 - Mike's background 11:13 - Why build on Ethereum 13:21 - Why build EtherFi 18:08 - EtherFi's successful launch 21:35 - What is Ether.fan and differentiating EtherFi 28:20 - Thoughts on early success of DeFi 32:07 - Other utility for Ether.fan NFTs 35:28 - EtherFi's future LST 37:54 - Future DeFi integrations 39:52 - Sustaining yields 42:56 - Mike's restaking alpha 44:12 - Closing ------ Guest Links Mike Silagadze on Twitter https://twitter.com/MikeSilagadze Learn about Ether.fan and the Series 2 Mint on July 13th https://ether.fan/edge Learn about Ether.fi https://ether.fi/ Follow EtherFi on Twitter https://twitter.com/ether_fi ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.