Fixed yield. Backed by stake. ETH bonds that Ethereum validators sell against their own stake. No oracles, no governance, no token. Live on the Hoodi testnet.
Joined June 2026
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Offering validators' yield to holders should be done by the protocol itself, handled by smart contracts only. Removing every party in between creates the most value for both sides in the long run.
🚨 MetaMask confirms infrastructure breach, hackers diverted Ethereum staking rewards
MetaMask has confirmed that attackers gained unauthorized access to part of its staking infrastructure in September, redirecting approximately 0.385 ETH in rewards by manipulating recipient addresses.
The company says its wallet infrastructure, customer funds, private keys, and recovery phrases were not compromised. However, precautionary shutdowns of affected Ethereum validators caused temporary withdrawal delays and missed staking rewards for some customers.
MetaMask has secured the affected systems and is working to reimburse impacted customers. Regular wallet users do not need to take any action.
We have a date! Coffer launches on Ethereum mainnet on 17 November at 12:00 UTC.
Until then, try it with test ETH on the Hoodi testnet at. If you don't have any, reach out to us on Telegram at t.me/cofferproject
🧾 #1 The audit
@ZealynxSecurity reviewed our core contracts and marketplace. 11 findings (2 Medium, 5 Low, 4 Info), no Critical or High. 7 fixed, 4 acknowledged with the risk documented.
Full report 👇
github.com/blockroad-doo/cof…
What's Coffer?
Validators sell fixed-rate ETH bonds against their stake, without exiting or reducing it. Holders earn a fixed rate backed by that stake. If a bond isn't paid, anyone can trigger the validator's exit to repay it.
Live on Hoodi 👉 hoodi.app.coffer.bond
Running a validator should be open to anyone. A chain whose incentives keep inviting new validators makes it very hard for any small group to take control.
The full post goes through Uniswap, FTX, stablecoins, lending and EIP-7002.
docs.coffer.bond/blog/blockc…
If a handful of validators can collude, they become the new middleman.
That's why a chain should care about its validators as much as it cares about the people who hold its coin. Validators are users too, just of a different kind.
ETH supply is up 1% since the Merge, and staked ETH more than tripled. There's still room for new validators.
Coffer gives them one more reason to join. A validator can issue bonds against its stake, stake the ETH it raises, and earn more than its stake alone would.
ETH supply is up about 1% since the Merge.
In the same time period:
> solana:So11111111111111111111111111111111111111112 supply grew 66%, from 354M to about 589M.
> ripple:native supply grew 27%, from 49.83B to about 63.1B.
> cardano:native supply grew about 10%, from 34.18B to about 37.5B to 38B.
> bitcoin:native supply grew 4.96%, from 19.15M to about 20.10M.
> ethereum:native supply grew 1.0%, from 120.52M to about 121.7M.
All Season 2 participants and results: grants.zealynx.io/rounds/sea…
Coffer ranked second among ten protocols in Season 2 of the @ZealynxSecurity audit grants program.
The review of our contracts starts today.