Ether.fi removed all restaking exposure from weETH, turning it into a pure liquid staking token, and moved restaking activity to a new token, weETHs, powered by Symbiotic. The protocol also added governance and security upgrades with Steakhouse Financial to strengthen weETH as DeFi lending collateral.
Matters because: simplifying weETH's risk profile may improve its acceptance as collateral across lending markets.