๐ฅ๐ฅ **Binance's Bombshell Launchpool Project Unveiled: Exploring ETHFi and Its Usage Scenario**
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On March 12, Binance, a prominent cryptocurrency exchange, made a significant move with its Launchpool project. They placed the decentralized betting protocol, ether.fi, at the forefront, under the hashtag #ETHFI. This decision reverberated throughout the cryptocurrency world, capturing the attention of numerous investors.
**What is ETHFI?**
ETHFI stands as a decentralized betting protocol, offering innovative solutions within the cryptocurrency domain. It's an Ethereum-based token obtainable through both earning and purchasing shares. Binance's endorsement of this altcoin for the Launch Pool project underscores the project's potential and Binance's forward-thinking approach.
**Listing Details and Trading Pairs**
Binance's announcement reveals that the new altcoin, ethfi, will debut on March 18 at 10:00 UTC. Traders will have the option to engage with ETHFI through various trading pairs, including ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD, and ETHFI/TRY. This diverse range of options aims to empower investors and optimize their trading experiences.
**Binance Launchpool Details**
- Token Name: ether.fi (ETHFI)
- Maximum Coin Supply: 1,000,000,000 ETHFI
- Launchpool Token Rewards: 20,000,000 ETHFI (2% of the maximum token supply)
- Initial Circulating Supply: 115,200,000 ETHFI (11.52% of the maximum coin supply)
- Smart Contract Details: Ethereum
**Supported Pools:**
- BNB Staking: 16,000,000 ETHFI prize (80%)
- FDUSD Staking: 4,000,000 ETHFI prize (20%)
**Agricultural Period:** From 00:00 UTC on March 14 to 23:59 UTC on March 17.
