Checker Node NFT Buyback Program FAQs
General Information
What is the Aethir Checker Node NFT Buyback Program?
It’s a program enabling Checker Node NFT holders to sell their NFTs back to Aethir Foundation for a market-based price, receiving payment in eATH (EigenLayer-wrapped ATH tokens). This supports early adopters and strengthens the ecosystem by onboarding new GPU compute cohorts.
Why is Aethir launching this buyback program?
The program rewards early supporters who no longer wish to participate, optimizes Checker Node supply, and supports Aethir’s decentralized cloud by enabling new Cloud Host onboarding through eATH.
Participation & Eligibility
Who is eligible to participate in the buyback program?
All Checker Node NFT holders are eligible to participate, without restrictions.
Buyback Mechanics & Pricing
How does the buyback process work?
NFT holders connect their wallet at checkerbb.aethir.com to sell their Checker Node NFTs back to Aethir at a market-based price, receiving payment in eATH tokens.
What currency will I receive upon selling my NFT?
Payment is made in eATH, representing ATH tokens deposited into EigenLayer.
What is eATH, and what are its benefits?
eATH is a receipt token for ATH tokens deposited into EigenLayer. It accrues ATH rewards during a one-year lockup period, tied to Aethir’s GPU cloud performance. Redemption is available starting June 13, 2026, with a 30-day vesting period. eATH holders may also benefit from future airdrops.
Can the buyback price change during the program?
Yes, the buyback price fluctuates based on market conditions and buyback rates. Aethir Foundation may pause campaigns to adjust pricing, ensuring transparency.
Is there a transaction fee?
Yes, a 10% transaction fee applies to each sale to cover operational expenses.
Can I access liquidity immediately after receiving eATH?
eATH is locked for one year, but participants seeking immediate liquidity can explore eATH token utilities on platforms like Pendle.
Delegations and Rewards
What happens to my delegation relationships when I sell my Checker Node NFT?
All delegation relationships are automatically removed upon sale.
Will I still receive rewards after I sell my NFT?
You can claim rewards earned before selling your NFT, but no future rewards will accrue after the sale.
How can I claim my previous rewards?
Unclaimed rewards can be claimed via the Checker Node app, even after selling.
Funding & Operational Details
How is the buyback program funded?
The program is funded with 200 million ATH tokens, with options for top-ups as needed.
Who pays the gas fees for the buyback transactions?
Sellers bear the gas fees associated with their transactions.
How is gas efficiency managed during the buyback?
Batch transactions process multiple NFT sales together to minimize gas fees.
Can multiple buyback campaigns run simultaneously?
Yes, the smart contract supports multiple independent buyback campaigns, allowing flexibility for different pricing or conditions.
Security & Audit
Have the buyback smart contracts been audited?
Yes, contracts are thoroughly audited with safeguards to minimize risks.
What happens if there is an operational mistake (e.g., incorrect wallet address)?
Campaigns can be paused, and new campaigns initiated with corrected parameters.
Timeline & Duration
When will the buyback program start?
The program was announced on May 15, 2025, and commences on May 27, 2025.
Is there a specific time window for participating in the buyback?
The program’s duration depends on pool funds and timeline. Updates will be shared via official channels.
eATH and Airdrops
How does eATH support Aethir’s ecosystem?
eATH enables onboarding of new GPU Cloud Hosts, supporting Aethir’s AI and gaming enterprise ecosystem via EigenLayer’s AVS model.
Will eATH holders receive airdrop rewards?
In Airdrop Season 2, rewards will be distributed in eATH tokens to stakers, Aethir Edge operators, and Checker Node holders. Airdrop Season 3 will be reserved for ATH stakers and ecosystem participants, with eATH stakers eligible for a points multiplier.
Communication & Community
Where can I stay updated on buyback announcements and details?
Official announcements and updates will be provided through:
Telegram channels (Aethir Announcements, Checker Node Announcements, Core Adopters, KOLs, Partners)
Discord channels (Main Announcements, Checker Nodes Announcements)
Social media (LinkedIn company page, Aethir subreddit)
Additional Support
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