Aethir, a provider of decentralized cloud infrastructure, has announced a partnership with MetaStreet to launch Yield Pass on the Arbitrum blockchain. This new project aims to improve decentralized finance (DeFi) by turning underused nodes into financial tools through tokenization.
Yield Pass introduces a concept called NodeFi, which connects decentralized infrastructure with DeFi. This approach allows for more liquidity, better yield generation, and improved risk management. According to Aethir, this helps node holders earn more and unlock the financial value of their assets.
Aethir Aims To Unlock New Financial Opportunities For Node Holders
Nodes support decentralized networks by offering computation, storage, and scalability. With the increasing need for web3, cloud computing, and artificial intelligence (AI) solutions, the node economy is set to grow. Experts predict the global blockchain infrastructure market will be worth over $100 billion by 2030.
However, nodes have traditionally lacked liquidity and financial flexibility. This means their use has been limited to network operations. David Choi, cofounder of Permian Labs, the team behind the MetaStreet protocol, said nodes have significant value but lack the financial options seen in other assets. He explained that Yield Pass solves this issue by turning nodes into financial tools.
Aethir operates Checker Nodes, which power its Decentralized Physical Infrastructure Network (DePIN). These nodes provide enterprise-level GPU cloud services to industries like gaming and AI.
Aethir reported that it manages over 43,000 GPUs, including 3,000 NVIDIA H100s, which help handle demanding tasks while maintaining service quality.
Node holders receive ATH tokens and other benefits through Aethir’s EcoDrops program. The partnership with MetaStreet expands these opportunities.
MetaStreet’s skills in Object-Oriented Finance help Yield Pass offer new tools for liquidity, yield, and risk management. According to Aethir, Yield Pass lets node holders tokenize their future node rewards and trade them as financial assets.
Aethir Wants To Boost NodeFi Innovation And Community Rewards
Yield Pass introduces two types of assets. It also offers staking opportunities and incentives through MetaStreet’s Ascend loyalty program. Node holders can earn rewards such as Node Crystals.
Aethir also announced a $100 million investment to encourage AI and gaming innovation. This effort will be supported by the Aethir Ecosystem Fund, which includes Aethir Catalyst, a $20 million grant program backed by the Aethir Foundation.
The companies chose Arbitrum for its scalability, low transaction fees, and strong ecosystem. As a Layer 2 blockchain, Arbitrum supports smooth minting, trading, and liquidity services. Its features are well-suited for NodeFi innovations and connecting decentralized infrastructure with DeFi.
Dan Wang, Chief Executive Officer of Aethir, said that working with MetaStreet to launch Yield Pass on Arbitrum brings new opportunities for the community. He stated that this partnership is an important step in combining decentralized infrastructure with decentralized finance.