Developers of the Ether.fi protocol have removed the restaking function from weETH and transferred it to a separate liquidity token, weETHs, based on Symbiotic.
We’ve officially taken all restaking exposure away from weETH
weETH is now a pure liquid staking token (LST)
All restaking has moved to weETHs, our liquid restaking token powered by @symbioticfi
One asset for staking. One for restaking. No bundled risk. pic.twitter.com/WHDGP5XkQc
— ether.fi (@ether_fi) August 6, 2026
The team has already removed all restaking exposure from weETH. Following the changes, the asset has become a token for traditional liquid staking.
Ether.fi believes that the separation will simplify the choice between basic staking and the additional restaking option, which have different levels of risk and return.
Previously, holders of weETH received both staking and restaking exposure. Restaking allowed the same coin to be used across various services, offering additional rewards for locking, but also increasing the risk of penalties and partial deposit loss.
According to DefiLlama, the total value locked in Ether.fi is approximately $3.55 billion at the time of writing.
Ether.fi’s decision may be related to the broader discussion on staking rewards in Ethereum. In early August, a group of blockchain researchers and developers proposed changing the network’s issuance policy by burning part of the validators’ consensus rewards.
EIP-8363 suggests that as the share of ETH in staking grows, the network will burn an increasing portion of validators’ rewards for attestations, block proposals, and sync committee participation.
Ether.fi founder Mike Silagadze criticized the initiative. In his view, the proposal would negatively impact small stakers and products built around staking rewards.
Earlier, in June, a proposal on Ethereum Research suggested allowing validators to redirect up to 10% of staking rewards to ecosystem funding. Risks cited included validator cartelization, conflicts of interest between operators and ETH holders, and excessive issuance.
