Ether. fi pledge agreement will be launched in three stages
According to the news on March 8, the Ethereum pledge agreement ether.fi will be launched in three stages: the first stage is April, after the upgrade in Shanghai, the main network will be launched and ETH will entrust the pledge. The second stage: in Q2 or Q3 of 2023, the eETH liquidity pool will go online. The third stage: Q4, 2023 or Q1, 2024, launch the unlicensed node market.
Interpretation of this information:
The recent news update on March 8 informs that ether.fi, an Ethereum pledge agreement, is all set to launch in three stages. The first stage is scheduled to be in April, subsequent to the upgrade in Shanghai, marking the main network’s launch, and Ether (ETH) entrusting the pledge. Subscribers can generate eETH tokens by depositing Ethereum, and the process will begin with an interval for a minimum of 14 days.
The second stage is expected to take place in Q2 or Q3 of 2023, where the eETH liquidity pool will go online. This step will allow users to exert leverage, precisely like margin trading or perpetual contracts, with their eETH assets. Along with this, it will also allow token holders to exchange eETH and ETH assets for a more considerable spread, and pledgers can pledge and win transaction fees from eETH. A new feature called smart liquidation will make sure that the eETH liquidity pool is collaboratively leveraged without hurting the market, following an unprecedented sell-off of the collateralization function.
The third and final stage is going to take place somewhere between Q4 2023 or Q1 2024, where they will launch an unlicensed node market. An unlicensed node is stateless because it lacks memory and permanent storage. Further, it acts solely as a computational component of the system. The overall purpose of the unlicensed node market is to aid the network participants by availing the entire computational power of idle devices, such as mobiles and laptops, and expand the network and enhance its throughput capability, efficiency, and robustness.
To sum up, the Ethereum pledge agreement ether.fi will be launched in three stages. These include the launch of the main network, followed by the eETH liquidity pool’s online launch, and culminating at the creation of an unlicensed node market. These phases will enable subscribers to have more opportunities to leverage their eETH assets while providing the entire computational power of idle devices to network participants.
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