Binance has kicked off ether.fi (ETHFI) farming on its Launchpool platform

Users are now able to stake their BNB and FDUSD tokens into separate pools to farm ETHFI tokens, with farming ending on March 17th at 23:59 UTC. Launchpool Hard Cap is 20,000,000 ETHFI (2% of total supply). BNB Pool Daily Rewards is 4,000,000 ETHFI. FDUSD Pool Daily Rewards is 1,000,000 ETHFI.

After conducting the #ETHFiLAUNCHPOOL, Binance plans to list ETHFI on March 18th, 12:00 PM UTC under ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI/TRY trading pairs. The initial Circulating Supply is 115,200,000 ETHFI (11.52% of the total supply).

Ether.fi is a decentralized, non-custodial delegated staking protocol that offers a Liquid Staking Derivative token. A notable feature of ether.fi is that stakers retain control of their passwords. Additionally, the ether.fi mechanism facilitates the establishment of a node services marketplace, where stakers and node operators can register nodes to offer infrastructure services.

👉 https://www.binance.com/en/support/announcement/introducing-ether-fi-ethfi-on-binance-launchpool-farm-ethfi-by-staking-bnb-and-fdusd-043436c6551d4f67bf1565a253039b39