Aethir Expands with EigenLayer: New Staking Opportunity!
Aethir, the DePin “GPU-as-a-Service” company, has announced a partnership with EigenLayer, a blockchain platform providing staking solutions. This combination i...
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Aethir, the DePin “GPU-as-a-Service” company, has announced a partnership with EigenLayer, a blockchain platform providing staking solutions.
This combination is expected to transform decentralized cloud computing by enhancing scalability and simplifying the onboarding process for GPU vendors unfamiliar with Web3.
Aethir Partners With EigenLayer Amid Network Expansion
According to a press release from TinTucBitcoin, Aethir said integration with EigenLayer’s Actively Validated Services (AVS) model will help the platform further expand its decentralized network.
This partnership also opens up opportunities for Aethir’s community to participate in staking through EigenLayer’s solution. This allows retail investors to delegate ATH Tokens to validators in the EigenLayer ecosystem.
This move opens new income channels for Token holders. This partnership also supports the onboarding process of new GPU service providers, especially those facing difficulties with cryptocurrency regulation.
“The integration with EigenLayer marks an important milestone in Aethir’s journey to redefine the future of decentralized cloud computing. By leveraging EigenLayer’s staking framework, we are not only enhancing staking opportunities for our community but also opening up new growth opportunities for service providers and businesses,” said Daniel Wang, CEO of Aethir, said.
Aethir’s financial performance results over the past year reflect the company’s development trend. The company has deployed more than 397K GPU containers in 93 locations worldwide.
These locations include over 3K powerful NVIDIA H100 units and over 59K Aethir Edge devices. Aethir also recorded annual revenue exceeding $91 million, based on the past 5 months through its on-chain protocol.
Aethir’s New Horizons program is a key part of the company’s strategy to expand its network by attracting high-quality cloud hosts. The program offers service providers participating in the platform an annual percentage rate (APR) ranging from 200%-400%.
Additionally, Aethir’s $100 million Ecosystem Fund continues to drive adoption of its computing services platform. The fund supports the development of AI and gaming applications, providing access to Aethir’s powerful GPU network at competitive prices.
Aethir has launched all four batches of its AI Agents program, accelerating adoption of its computing platform.
Furthermore, Aethir has recently completed multiple AI development partnerships, including a cloud-focused project in October and blockchain gaming research collaborations in November.
In December, Aethir announced a partnership with Beam and MetaStreet to launch a $40 million AI computing initiative. The team calls this project TACOM and aims to create a cryptocurrency-based GPU allocation framework.
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Kishu Inu
Kishu Inu reports on crypto market activity, Web3 project updates, and blockchain business developments for CoinLive.