Ether.fi Staked BTC (EBTC) is a Bitcoin-backed liquid restaking token introduced by Ether.fi. It combines staking and restaking rewards, providing an efficient yield optimisation solution for users. EBTC holders can utilise the token across various platforms, benefiting from dual-yielding and reward point integrations within the Ethereum ecosystem. It supports deposits of LBTC and WBTC, enhancing accessibility for Bitcoin holders.
EBTC is a liquid restaking token backed by Bitcoin, created to meet the growing demand for alternative collateral in restaking. It is supported by LBTC through a partnership with Lombard, introducing a dual-yielding product that combines staking and restaking rewards.
EBTC allows holders to earn yields from both staking and restaking without the complexities of managing restaking caps or delegations. Users can deposit LBTC and WBTC to participate. Additionally, EBTC holders can access multiple point programs, including those from Symbiotic, Ether.fi, Lombard, and Veda, with plans to integrate Karak and EigenLayer points.
EBTC was developed by Ether.fi, a platform focused on providing innovative staking solutions within the Ethereum ecosystem. The team behind Ether.fi aims to enhance yield optimization and utility for digital assets through products like EBTC.