Ether.Fi is Ethereum's liquid restaking protocol. It provides a unique method that allows users to stake their assets while retaining possession of their keys by outsourcing the staking procedure. When assets are put in Ether.Fi, they are immediately re-staked using Eigenlayer.
This approach uses staked ETH to provide an economic security layer to external platforms (such as rollups and oracles), increasing rewards for ETH stakeholders.
Founders and Developers :
Founded in 2022 by the following : - [ ] Mike Silagadze - [ ] Rok Kopp.
Market Indicator : normal, - [ ] Capitalization : $866M - [ ] Trading volume for 24 hours : $1.6B - [ ] Ranking : #114 - [ ] Total supply on the Market : 1B - [ ] Date on Market : March 2024 - [ ] All time High : $8.57 - [ ] All time Low : $2.83 (+165%)
Documentation and Development : - [ ] WhitePaper/documents: present, everything is described and properly explained in sufficient details. - [ ] RoadMap : present - [ ] GitHub : no - [ ] Discord : yes
Price Dynamics : ascending 📈 the token has received maximum hype and has been actively growing since launch 🚀 on the market.
What do you stand to benefit from holding and minting Ethfi Token?
In Conclusion Ether.Fi is at the forefront of Ethereum staking innovation, delivering higher rewards via a secure, decentralised network. By purchasing ETHFI, investors not only support a forward-thinking DeFi protocol, but also help to strengthen and expand the Ethereum ecosystem as a whole.
#WIF #sui #BTC #ICP
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