[Ether.fi to Sever Final Structural Ties with EigenLayer This Quarter, Restaked Asset Ratio to Fall Below 1%] Odaily Planet Daily reports that the liquid staking protocol Ether.fi will sever its final structural ties with EigenLayer this quarter, at which point its restaked asset ratio will drop below 1%. CEO Mike Silagadze stated that the decision to exit is due to the persistent risks associated with restaking and the lack of substantial returns. Currently, restaking secures $10 billion in assets but generates only $99,977 in weekly fees; on a per-dollar secured basis, the yield from regular liquid staking is approximately 53 times higher. The top five remaining liquid restaking tokens collectively recorded a gross profit of $953,400 last quarter, down from $2.18 million three quarters ago. (CoinDesk)