Binance is excited to announce project 49 on Binance Launchpool: ether.fi (ETHFI), a decentralized, non-custodial delegated staking protocol.
Starting March 14, 2024 at 00:00 (UTC), users will be able to stake BNB and FDUSD in separate pools to farm ETHFI tokens for four days.
List
Binance will list the ETHFI token on March 18, 2024 at 12:00 (UTC) and enable trading with ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD, and ETHFI/TRY pairs. It will be assigned the “Seed” label.
ETHFI Launchpool Details:
Token name: ether.fi (ETHFI)
Max Token Supply: 1,000,000,000 ETHFI
Launchpool Token Rewards: 20,000,000 ETHFI (2% of maximum token supply)
Initial circulating supply: 115,200,000 ETHFI (11.52% of maximum token supply)
Smart Contract Details: Ethereum
Staking Terms: KYC Required
Fund limit per hour, per user:
16,666.66 ETHFI in BNB pool
4,166.66 ETHFI in FDUSD pool
Supported pools:
BNB Staking (website will be available in about 24 hours): 16,000,000 ETHFI in rewards (80%)
FDUSD Staking (website will be available in about 24 hours): 4,000,000 ETHFI in rewards (20%)
Farming period: from March 14, 2024 at 00:00 (UTC) to March 17, 2024 at 23:59 (UTC)