Ether.fi announced on August 7th that it has removed all restaking exposure from its weETH token, turning it into a pure liquid staking token (LST). The project moved its restaking activities to weETHs on Symbiotic and exited EigenLayer to eliminate bundled risk. This decision comes amid a contraction of the liquid restaking market, which dropped from $29 billion to $22 billion since October, alongside stricter risk frameworks in decentralized finance, with Aave removing $98 million worth of risky assets.
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