Binance's 49th Launchpool has kicked off with the ether.fi (ETHFI) project, starting Farming from March 14, 2024 00:00 UTC.
Ether.fi is a native Liquid Restaking Protocol (nLRP), allowing users to stake ETH and receive the platform's native liquid restaking token, eETH, at a 1:1 ratio.
In addition, ether.fi provides node service, allowing users to register to run nodes to serve the platform's infrastructure and receive block rewards.
💎 Highlights of ether.fi:
Intuitive interface: Ether.fi provides an intuitive staking interface with simple, easy-to-use steps, helping to enhance the user experience.
Compatible with many DeFi protocols: Ether.fi has cooperated with many DeFi protocols in the market, bringing more applications to eETH holders.
Providing liquidity with a single token: This helps avoid losses caused by Imperial loss.
💎 You can Farm $ETHFI by Staking $BNB and $FDUSD:
Farming Time: March 14, 2024 00:00 (UTC)
Listing time: March 18, 2024 12:00 (UTC)
Trading pairs: ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD, ETHFI/TRY.
Stake BNB: Total reward 16,000,000 ETHFI
Stake FDUSD: Total reward 4,000,000 ETHFI
Calculating the current ratio, the BNB pool (80%) compared to the FDUSD pool (20%) is beneficial, but the BNB price has increased, so you need to consider.
Tokenomics of ETHFI:
Token: ETHFI
Total Token Supply: 1,000,000,000 ETHFI
Total Launchpool Tokens: 20,000,000 ETHFI (2% of total supply)
Total initial circulating supply: 115,200,000 ETHFI (11.52% of total supply)
Binance account registration link here