Aethir launches the Checker Node buyback plan: a key initiative for node holders to win together with the ecosystem.

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2 hours ago

Aethir Launches Checker Node Buyback Program: A Key Initiative for Node Holders and Ecological Win-Win

Aethir, the leader in decentralized cloud computing, officially announces the launch of the Checker Node NFT buyback program on May 22, 2025. This initiative aims to provide greater flexibility for Checker Node holders while enhancing the stability and sustainability of the overall Aethir network ecosystem. Below, we will detail the content of the program, how to participate, and its impact on the community.

What is the Checker Node NFT Buyback Program?

Aethir's Checker Node NFT buyback program allows node holders to sell their Checker Node NFTs back to the Aethir Foundation at a pegged price. This strategic initiative is designed to reward early supporters and maintain the health and long-term stability of the network by managing the supply of nodes.

Aethir is committed to building a balanced and sustainable ecosystem that allows early participants to choose an exit path while continuing to support the project. Additionally, the program helps optimize the market circulation structure of Checker Nodes, ensuring the entire network operates more efficiently.

Core Features of the Buyback Program

Who Can Participate?

All Checker Node holders can participate, ensuring that every user has a fair option to exit.

Detailed Buyback Mechanism:

  • Pegged Price Buyback: Holders can sell their NFTs back to Aethir at a preset price, ensuring a transparent process with clear expectations.

  • Payment Method: All payments will be made in eATH (EigenATH), a receipt-type token representing staked ATH, staked in Aethir's AVS on EigenLayer. eATH can also accumulate additional ATH and EIGEN rewards, with a lock-up period of one year.

  • Transaction Fee: A 10% fee will be charged on each transaction to cover operational costs.

  • Gas Cost Optimization: Supports batch transactions (up to 10,000 NFTs submitted at once), with users covering gas fees. This design reduces user transaction costs and improves operational efficiency.

What Happens to Delegation and Rewards After Buyback?

  • Delegation Relationship Termination: After the NFT is sold back, the related delegation relationship will be automatically terminated.

  • Earned but Unclaimed Rewards: Can be claimed through the Checker Node application.

  • Future Rewards: Once sold back, no further rewards will be received.

Ensuring Security and Operational Flexibility

Aethir has taken several measures to ensure the robustness and security of the buyback program:

  • Fund Preparation: The initial buyback pool is set at 200 million ATH, and additional funds will be added if user demand exceeds expectations.

  • Smart Contract Audit: The contracts related to the buyback have undergone rigorous audits and include built-in fail-safe mechanisms to reduce risks from code vulnerabilities or operational errors.

  • Flexible Regulation Mechanism: Aethir can start/pause buyback batches at any time or adjust prices and restart new buybacks, flexibly responding to user feedback and market changes.

Why Launch a Buyback Program?

  1. Reward Early Supporters:

Aethir recognizes the significant value of early node holders. Through this program, the Aethir Foundation will bear the costs of future node operations, alleviating the burden on users.

  1. Strengthen Ecological Foundation:
    Proactively regulating the supply of NFTs helps optimize network performance and scale, making the entire ecosystem more competitive.

Launch Timeline and Follow-up Arrangements

  • Audit and Deployment: Completed.

  • Preparation Phase: A two-week preparation period and marketing warm-up are currently underway.

  • Launch Time: Expected to officially launch on May 22, 2025 (final confirmation will be announced separately).

Official Buyback Platform: https://checkerbb.aethir.com/

Note: The specific duration of the program will be adjusted based on the consumption rate of the fund pool and actual participation enthusiasm. Aethir will ensure that all progress is transparently communicated to the community.

Frequently Asked Questions (FAQ)

Q: What is Aethir's Checker Node NFT buyback program?
A: The program allows node holders to sell their NFTs back to Aethir at a pegged price, with payments made in eATH.

Q: Who can participate?
A: All Checker Node NFT holders.

Q: What happens to delegation after the sale?
A: The related delegation relationship will be automatically terminated.

Q: Can I still claim previous rewards after the sale?
A: Yes, unclaimed historical rewards can still be claimed through the node application.

Q: Is there a time limit?
A: The duration of the buyback program will be dynamically adjusted based on the fund pool situation and project progress, with specific timing announced in advance.

For more questions and answers, please refer to the official website.

Building the Future of Decentralized Computing Together

The Aethir Checker Node buyback program reflects Aethir's commitment to the community and marks a further step in the project's ecological governance and long-term development. By providing holders with a flexible exit mechanism while maintaining the stability of the network structure, Aethir is laying the foundation for the next phase of growth and innovation.

Stay tuned for more official updates before the launch on May 22, 2025.
Visit the official website or join the community to learn more.

Link: https://checkerbb.aethir.com/

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