What is King Protocol?
King Protocol is a restaking rewards framework used by ether.fi.
Rewards generated from restaking are routed through King Protocol and distributed directly into the liquidity pool, where they are reflected through rebasing of eETH and weETH.
This process:
Simplifies the user experience.
Reduces operational overhead.
Eliminates the need for separate reward tokens.
Ensures rewards are received automatically.
How are restaking rewards distributed?
Restaking rewards are automatically distributed through eETH and weETH rebasing.
This means:
Rewards are automatically compounded.
No manual claims are required.
Rewards are reflected directly in your eETH or weETH balance.
Holding eETH or weETH earns restaking yield.
You do not need to take any additional action to receive ongoing restaking rewards.
How often are restaking rewards distributed?
Restaking rewards accrue weekly and are reflected through periodic rebases.
There is no fixed distribution date or weekly payout.
How can I track my restaking rewards?
Restaking rewards are included directly in your eETH or weETH balance.
You can track your rewards by:
Monitoring changes in your eETH or weETH balance over time.
Using a wallet or portfolio tracker that supports rebasing tokens.
Viewing rebase-related activity on-chain.
There is no separate rewards page, claimable amount, rewards counter, or standalone dashboard for ongoing restaking rewards.
Frequently asked questions
How do I earn KING rewards?
Restaking rewards are earned by holding eETH or weETH and are automatically distributed through rebasing.
No new KING tokens are issued.
Do I need to claim rewards?
No. Ongoing restaking rewards are automatically applied weekly through rebasing. There is no manual claim process.
How can I check when rewards were last distributed?
There is no single timestamp showing the last reward distribution.
You can monitor changes in your eETH or weETH balance or review rebase-related activity on-chain.
Does this affect my APY?
No. Your effective APY remains the same.
The reward distribution mechanism does not change the underlying yield economics.
Are rewards transparent on-chain?
Yes. Reward claiming, conversion, and liquidity pool funding are observable on-chain through contract rebase events and transfers.
What happens if I transfer or sell my eETH or weETH?
Rebasing rewards are embedded in the token.
If you transfer or sell your eETH or weETH:
The accumulated value transfers with the token.
No unclaimed rewards are left behind.
Can I opt out of rebasing?
No. Rebasing is inherent to how eETH and weETH function.
Why hasn't my balance increased yet?
Rebases occur periodically, generally on a weekly basis.
If you recently deposited or are checking over a short timeframe, changes to your balance may not be immediately noticeable.
Is there a difference between rewards for eETH and weETH?
No. Both earn the same restaking rewards.
The differences relate only to token mechanics and DeFi integrations.
Is there a separate KING reward token?
No. Restaking rewards are not issued as a separate token.
Is KING still being distributed?
No. All current and future restaking rewards are distributed through rebasing.
How can I claim previously earned KING rewards?
If you have KING rewards from previous distributions:
Your existing rewards remain valid.
You can claim or unwrap them at any time.
There is no deadline to claim them.
To claim existing KING rewards, visit:
To unwrap existing KING rewards, visit:
No new KING tokens are issued.
Still have questions?
If you're unsure how restaking rewards apply to your account, please reach out through the in-app chat.