According to a Binance research report, the economic model of ETHFI, the token of the non-custodial liquidity heavily pledged protocol ether.fi, has been announced. The total supply of ETHFI is 1 billion, of which the circulating supply at the time of initial listing was approximately 115.2 million (accounting for 11.52% of the total supply). The token allocation is as follows: 2% for Binance Launchpool, 11% for airdrops, 32.5% allocated to investors and advisors, 23.26% owned by the team, 1% allocated to Protocol Guild, 27.24% allocated to DAO Treasury, and the rest 3% is used to provide liquidity.

As the native utility and governance token of the Ether.Fi protocol, ETHFI is used for key aspects of the community governance protocol, including the finance of the protocol, important protocol upgrades, protocol fees and distribution, etc. Ether.Fi utilizes Eigenlayer to re-pledge deposits to provide a layer of economic security to external systems (such as rollups, oracles), thereby increasing the returns of ETH stakers.