Aethir and MetaStreet’s Launch of Yield Pass on Arbitrum will Unlock the Power of NodeFi
Aethir and MetaStreet are transforming node ownership with the launch of Yield Pass on Arbitrum. This cutting-edge tool brings NodeFi to life, turning Aethir nodes into tradable nodes that can be integrated with DeFi.
With Yield Pass, node holders can easily unlock liquidity, earn yield, and manage risk, maximizing the value of their nodes while streamlining the entire process. Built to bridge decentralized infrastructure with DeFi, Yield Pass opens up new possibilities for Aethir’s ecosystem and beyond.
Aethir Checker Node holders can become NodeFi pioneers by becoming one of the first to deposit within the 10,000 Aethir node cap with the initial launch of Yield Pass: https://app.metastreet.xyz/nodefi/aethir
Why Yield Pass?
Aethir Checker Nodes, which form the backbone of Aethir’s DePIN stack, provide enterprise-grade GPU cloud computing services to clients in AI and gaming. With a network of over 43,000 GPUs, including 3,000 NVIDIA H100s, Aethir supports some of the world’s most demanding workloads.
These nodes ensure service quality across the infrastructure, rewarding holders with ATH tokens and ecosystem perks through Aethir EcoDrops.
By integrating MetaStreet’s Object-Oriented Finance expertise, Yield Pass unlocks the financial potential of these nodes, offering holders innovative tools to optimize liquidity, yield, and risk management.
To learn more about how to use Yield Pass, you can explore the resources below:
- Yield Pass product demo and video tutorial on how to deposit, mint Yield / Discount Tokens, borrow, and LP
- Yield Pass technical docs and Yield Pass overview
Why Arbitrum?
Arbitrum’s scalability, low fees, and holistic ecosystem make it the ideal platform for Yield Pass, enabling seamless minting, trading, and liquidity provision. As one of the most advanced Layer 2 blockchains, Arbitrum provides the infrastructure necessary for fostering innovation in NodeFi and integrating decentralized infrastructure with DeFi.
How Yield Pass Evolves The Current Aethir Process
When trying to understand the benefits of Yield Pass, let’s compare it to the current Aethir Process for node holders.
The Current Aethir Process focuses on a traditional approach for node operators to earn $ATH rewards, requiring them to either run software or delegate their nodes.
Rewards must be claimed and undergo a 120-day vesting period before withdrawal, after which users can stake or provide liquidity (LP) in increments.
In contrast, the NodeFi Process enhances and streamlines this workflow by introducing Yield Passes (ERC20) and Discount Passes (ERC721), which split node ownership into two tradable assets.
This system enables immediate value capture by allowing Yield Pass holders to sell future emissions ($YP) in public markets and offers the ability to borrow $ATH against Discount Passes to maximize earnings.
Additionally, NodeFi eliminates complexity, lowers barriers to entry for retail participants, and creates new opportunities for liquidity provision, staking, and community growth—all while offering owners greater flexibility and optimized returns compared to the more rigid structure of the current process.
Giving Back to Ascend Users
But that’s not all that Yield Pass does!
Yield Pass also incorporates MetaStreet’s Ascend rewards program, where node depositors can earn up to 100 Node Crystals per Node when they complete all three steps:
- Mint YP/DP tokens.
- Borrow against their DP token
- and Add liquidity with their YP and ATH loan.
Additionally, both old and new Ascend users can track their rewards by heading to ascend.metastreet.xyz
For new users, they can join using code NODES or use a friend's referral. That said, if any new user onboards to Ascend through their friend’s referral, MetaStreet will also award them extra Node Crystals to earn as well!
Conclusion
Yield Pass represents a significant evolution from the traditional Aethir approach by introducing greater flexibility, efficiency, and accessibility. By splitting node ownership into Yield and Discount Pass tokens, Yield Pass enables users to unlock immediate value, optimize earnings through borrowing, and participate in liquidity provision and staking more effectively.
This framework not only simplifies node ownership but also lowers barriers for retail participants, fosters community growth, and maximizes the potential of $ATH rewards for both existing and new users.
Interested in Yield Pass? Become a NodeFi pioneer here today: https://app.metastreet.xyz/nodefi/aethir