Checker Node NFT Buyback Program
Checker Node NFT Buyback Program
Aethir's Checker Node NFT Buyback Program allows Checker Node NFT holders to sell their NFTs back to Aethir Foundation for a fixed price, paid in EigenATH (eATH) tokens. This initiative rewards early supporters, supports onboarding new GPU compute cohorts into Aethir's decentralized cloud ecosystem, and optimizes node supply to strengthen the network.
Program Overview
Eligibility: All Checker Node NFT holders can participate, with no restrictions.
Buyback Process: Connect your wallet on the Node Marketplace at checkerbb.aethir.com, select your NFT, and sell at a market-based price that may fluctuate based on buyback rates and market conditions.
Payment in EigenATH (eATH): Receive eATH tokens, which represent ATH tokens deposited into EigenLayer. eATH can be staked to earn Cloud Host fees and ATH rewards. eATH is locked for one year, with redemption available starting June 13, 2026, followed by a 30-day vesting period.
Transaction Fee: A 10% fee applies to each sale to cover operational costs.
Gas Efficiency: Batch transactions minimize gas fees, with sellers covering the costs.
Delegation and Rewards: Upon sale, delegation relationships end, but unclaimed rewards can be claimed via the Aethir Dashboard. No future rewards accrue post-sale.
Program Start: The buyback program launches on May 27, 2025.
Why Participate?
Access EigenLayer Staking: Selling your NFTs provides eATH tokens, which accrue ATH rewards during the one-year lockup period, tied to Aethir’s decentralized GPU cloud performance.
Support Ecosystem Growth: By selling NFTs, you enable Aethir to onboard new Cloud Hosts, strengthening the decentralized cloud infrastructure for AI and gaming enterprise clients.
Reduce Costs: Ideal for holders who no longer wish to run nodes or pay node runner fees.
Liquidity Options: Participants seeking immediate liquidity can explore eATH token utilities, such as those on Pendle, instead of holding for the one-year lockup.
Key Details
Funding: Backed by 200 million ATH, with potential top-ups.
Smart Contract Security: Audited contracts with safeguards against bugs or misconfigurations.
Key Details
Funding: Backed by 200 million ATH, with potential top-ups to sustain the program.
Smart Contract Security: Audited contracts with safeguards against bugs or misconfigurations.
Impact on Node Holders: Holders who retain their nodes continue earning stable ATH daily rewards, unaffected by the buyback. Sold nodes are operated by Aethir to maintain network stability.
Get Involved
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