#ETHFI [RedStone reaches $500 million agreement with EigenLayer] Oracle protocol RedStone announces a liquidity re-pledge agreement

Ether.Fi has reached a $500 million cooperation agreement. Ether.Fi will invest $500 million to help protect RedStone's data oracle, which is used to transmit information between the blockchain and the outside world. More than 20,000 node operators from Ether.fi will manage RedStone's active verification service (AVS) and use Ether.fi's native liquidity re-pledge token eETH to prevent active failures and cryptoeconomic attacks within the RedStone node provider network. (Golden Finance)