Aethir Node Buyback
Join the Aethir Checker Node Buyback Program and take control of your node journey. Sell your Checker Node NFTs for eATH tokens, unlocking EigenLayer’s staking rewards while supporting our decentralized cloud ecosystem in a fair, transparent way.
Campaign Details
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FAQ
It's a program enabling Checker Node NFT holders to sell their NFTs back to Aethir for a fixed price, receiving payment in eATH (EigenLayer-wrapped ATH tokens) tokens.
The buyback program rewards early supporters who no longer wish to participate and manages the Checker Node NFT supply to strengthen the ecosystem.
All Checker Node NFT holders are eligible to participate, without restrictions.
NFT holders can connect their wallet to sell their Checker Node NFTs back to Aethir at a fixed price, receiving payment in eATH tokens.
Payment will be made in eATH (EigenLayer-wrapped ATH tokens), which represent ATH tokens deposited into EigenLayer.
eATH is a receipt token that represents ATH tokens deposited into EigenLayer. It accrues additional staking rewards in both ATH and EIGEN tokens, and can be redeemed after a one-year lockup period.
Yes, the buyback price can be adjusted, but only after pausing the ongoing campaign to avoid confusion or exploitation.
Yes, a 10% transaction fee is applied to each sale to cover operational expenses and maintain program sustainability.
All existing delegation relationships will be automatically removed upon the sale of your NFT.
You can claim rewards earned before selling your NFT, but no future rewards will accrue after the sale.
Unclaimed rewards can be claimed via the Checker Node app, even after selling your NFT.
The buyback program is initially funded with a balance of 200 million ATH tokens, with the option for continuous top-ups if necessary.
Sellers (NFT holders) will bear the gas fees associated with selling their NFTs back to Aethir.
Batch transactions minimize gas fees by processing multiple NFT sales together, making the process cost-effective.
Yes, the smart contract supports multiple independent buyback campaigns, allowing flexibility for different pricing or conditions.
Yes, the buyback smart contracts have been thoroughly audited, with safeguards to minimize risks from bugs or misconfigurations.
If any operational mistake occurs, the ongoing campaign can be paused, and a new campaign can be initiated with corrected parameters.
The program is scheduled to be announced officially on May 15, 2025, with the buyback itself commencing seven days later, approximately May 22, 2025.
The program’s duration depends on the buyback pool funds and timeline. We’ll share specific dates and updates via official channels closer to the launch.
Official announcements and updates will be provided through: Telegram channels (Aethir Announcements, Core Adopters, KOLs, Partners) Discord channels (Main Announcements, Checker Nodes Announcements) Social media (LinkedIn company page, Aethir subreddit)
For additional questions or clarifications, reach out via official community channels on Telegram or Discord.