Wheel of Yield Spotlight: Ether.Fi
The Wheel of Yield just landed on EtherFi!
EtherFi is a decentralized, non-custodial liquid staking platform that brings positive disruption to DeFi by allowing staking on Ethereum.
Between September 16 and October 16, users can deposit weETH into Enjoyoors vaults and gain access to the Enjoyoors Wheel of Yield - a campaign designed to reward users with boosted yields (up to 50%), exclusive EnjoyPass NFTs, and leaderboard recognition.
Engage early throughout the campaign for greater chances on the Wheel.
What is Ether.Fi?
Ether.fi is a decentralized liquid staking protocol that allows Ethereum holders to stake their ETH while retaining control of their keys.
Unlike traditional staking solutions where assets are fully delegated to a provider, Ether.fi ensures users maintain ownership, improving flexibility and transparency.
How does Ether.Fi Work?
- Deposit ETH → Users deposit ETH into the Ether.fi protocol.
- Ethereum staking → The protocol stakes this ETH on the Ethereum network through a decentralized set of node operators.
- Receive weETH → In return, users get weETH, a liquid staking token that represents their staked ETH plus any rewards earned.
- Restaking with EigenLayer → Ether.fi restakes that ETH with EigenLayer to help secure additional services and generate extra rewards.
- DeFi integration → Since weETH is liquid, it can be used across DeFi protocols (like Enjoyoors), letting users maximize capital efficiency while still earning staking and restaking rewards.
Why do DeFi Users Choose Ether.Fi?
Ether.fi makes staking a lot less boring and a lot more flexible. You stay in control the whole time, your keys, your ETH, your rules. With liquid restaking, you can let node operators handle the heavy lifting while still keeping ownership of your assets (and stacking rewards).
When you stake, you get weETH, a liquid token you can move around DeFi to chase even more yield. On top of that, Ether.fi is rolling out governance through the $ETHFI token (so the community has a real say) and even a DeFi-native credit card that lets you spend your crypto IRL while earning cashback.
Why Stake and Spin the Wheel with Ether.Fi?
The Enjoyoors Wheel of Yield Campaign runs from 16th Sept – 16th October, during this time, you can:
- Deposit weETH into Enjoyoors vaults to earn Wheel spins
- Win yield boosts (+10%, +30%, or +50%) for 30 days
- Unlock rare EnjoyPasses for extra power
- Climb the weekly leaderboards repping weETH
Every spin is your chance to get extra boosts, bundles, and rare Diamond EnjoyPasses.
Ready to Spin?
Head to Enjoyoors App: https://app.enjoyoors.xyz/
Stake your weETH: https://app.enjoyoors.xyz/vault/1/token/131/deposit
Spin. Win. Boost. Repeat.
Simple.
