Aethir Launches ATH Genesis Staking Event on EigenLayer

Aethir has announced the launch of its ATH Genesis Staking event on EigenLayer. This initiative allows users to stake their ATH tokens in EigenLayer's ATH Treasury, in exchange for the liquidity staking token EigenATH (eATH). The treasury is integrated with EigenLayer's AVS model, enabling compute providers within the Aethir network to borrow ATH for operating a decentralized compute network. The service fees generated from these operations will be proportionally distributed to eATH holders. All staked ATH will be locked for one year to ensure network stability. The redemption feature for eATH is anticipated to open on June 13, 2026, followed by a 30-day unlocking period.

This development signifies Aethir's commitment to enhancing its network's stability and functionality. By integrating EigenLayer's AVS model, Aethir aims to create a more efficient and decentralized compute network. The introduction of eATH as a liquidity staking token provides users with an additional incentive to participate in the staking process, as they will receive a share of the service fees generated by the network. The one-year lock-up period for staked ATH is designed to prevent short-term speculation and promote long-term network stability.

The launch of the ATH Genesis Staking event and the introduction of eATH are strategic moves by Aethir to strengthen its position in the decentralized computing space. By offering users the opportunity to earn service fees through staking, Aethir is creating a more attractive and sustainable ecosystem. The integration of EigenLayer's AVS model further enhances the network's capabilities, making it more efficient and decentralized. Overall, these developments are expected to drive greater participation and investment in the Aethir network, contributing to its long-term growth and success.