etherFi is a decentralized liquid staking platform, enabling users to stake ETH to support node operators and receive rewards.
👉What is etherFi?
etherFi is a decentralized liquid staking platform that allows users to stake ETH to support node operators and receive rewards. Notably, etherFi creates a unique Non-Fungible Token (NFT) for each validator created during the staking process.
These NFTs possess the distinctive characteristics of each validator and allow for the storage of metadata. Thanks to this metadata, developers can build a more advanced staking infrastructure in the future
👉How etherFi Works
The etherFi protocol consists of a service layer, which can serve as a platform for building other services. By providing a platform for developers to build on, etherFi aims to promote innovation within the staking ecosystem.
Moreover, stakers and node operators can access various services built on the staking infrastructure. As new services emerge, participants in the etherFi protocol stand to benefit from the growth and expansion of the ecosystem.
The etherFi project operates on the principles of decentralization and autonomy. They establish a network of reliable nodes without relying on intermediary organizations, improving system security and encouraging decentralization.
The etherFi protocol provides a service layer, creating conditions for the development of new services. This encourages innovation in the staking field and promotes the development of new useful applications.
Users of etherFi can access various services built on the staking platform. With the emergence of new services, etherFi users will benefit from the development and expansion of the ecosystem.
👉Highlights of etherFi
🤳Native Restaking:
Allows users to receive better rewards, as their ETH earns income from staking and additional income from restaking through Eigenlayer.
🤳Decentralization:
ether.fi implements Operation Solo Staker, enhancing Ethereum’s decentralization by deploying nodes in geographically diverse locations.
🤳Security and Risk Mitigation:
etherFi is the only protocol where stakers control the keys, minimizing risks associated with third-party node operators and protocols.
🤳Robust Development Ecosystem:
eETH is designed for use in DeFi. etherFi collaborates with various DeFi protocols to enhance the utility of eETH.
👉Roadmap:-
✅Achieved:
August 2023: Integration phase of Solo Node Operator – Phase 1
Integration phase of DVT – Phase 1
October 2023: Open source smart contracts
November 2023: Launch of eETH
🕳️In Progress:
April 2024: DVT integration phase 2, DAO Governance & TGE
#HotTrends #EtherFi!

Liquid Staking will be one of the biggest trends in #DeFi 2024 - 2025.
@ether_fi is leading this narrative with:

- 74,000 Users
- $3B Total Value Locked
- @binance Launchpool
- $32M+ Fundraising from @Consensys @okx @Arrington_Cap @ambergroup_io
- Top Partner Ecosystem @eigenlayer @pendle_fi @mavprotocol @Balancer

Here is a presentation of this launchpool and the @ether_fi project 🧵
#ETHFiLAUNCHPOOL

1/ #EtherFi! is aiming to bolster Ethereum's decentralization by simplifying non-custodial staking.
@ether_fi Principles:
🔹Decentralization is a primary objective
🔹The ether.fi protocol is a real business with a sustainable revenue model.
🔹Do the right thing for the Ethereum community, always

2/ $ETHFI Price Prediction
Comparing with @lidofinance - a Liquid Staking platform,
→ $ETHFI Initial Circulating Supply is 11.52%
→ Total supply is 1 Billion

$ETHFI price may be 3$ - 5$ at TGE on Binance with Market Cap around $360M - $600M

3/ #ETHERFI #Binance Launchpool
All Users Can Now Secure $ETHFI with @Binance Launchpool by Stake your $BNB and $FDUSD, Binance Launchpool Allocation: 20,000,000 (2% of total supply)

Register & Trade Now to Get a 10% Fee Discount 👇
https://accounts.binance.com/register?ref=KCLHB03N

4/ How re-staking provides superior rewards
With #etherfi, your ETH can be staked and then re-staked to earn you the best rewards

→ Stake ETH: Stake any amount of your ETH
→ Receive eETH: Receive eETH that will earn staking rewards
→ Natively re-staked: eETH is natively re-staked for additional rewards.
→ Maximize Rewards: Use your eETH in DeFi to maximize returns

5/ Partners & More
By collaborating with Top Dapps on #DeFi Space such as @eigenlayer @pendle_fi @mavprotocol @Balancer , #ETHFI staking protocol gains access to a powerful restaking collective embedded in the Ethereum network.
This includes consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.
To read more of EtherFi, Visit
https://www.binance.com/vi/research/projects/etherfi

Join Binance Launchpool now:
https://launchpad.binance.com/en/?ref=KCLHB03N

Register & Trade Now to Get a 10% Fee Discount 👇 :
https://accounts.binance.com/register?ref=KCLHB03N