$ETHFI (ETHFI) is the governance token that drives the ether.fi network, a decentralized, non-custodial delegated Ethereum staking protocol. $ETHFI will enable community members to manage critical aspects of the protocol and direct the growth strategy of weETH, the wrapped non-rebasing version of ether.fi’s Liquid Restaking token eETH.
ETHFIalso plays a role in securing the network. ether.fi node operators will be required to stake ETHFI as “skin in the game” in order to ensure the nodes operate with minimal slashing risk. Once a node operator is approved by the community, they will deposit a specific amount of ETHFIper node before receiving delegated validator keys. This stake needs to be maintained in order to continue operating the node. Rewards are derived from consensus rewards, transaction fees and maximum extractable value (MEV).
ether.fi is a decentralized, non-custodial delegated staking protocol with a Liquid Staking Derivative token. One of the distinguishing characteristics of ether.fi is that stakers control their keys. The ether.fi mechanism also allows for the creation of a node services marketplace where stakers and node operators can enroll nodes to provide infrastructure services and the revenue from these services is shared with stakers and node operators.
DETAILS
IEO (Binance Launchpad): Mar 14, 2024 - Mar 17, 2024 Token supply: 1,000,000,000 ETHFI Total tokens for sale: 20,000,000 ETHFI Raised: 32,300,000 USD
LEGAL
Registration country: Cayman Islands Registration year: 2023 Office address: Strathvale House, 4th Floor, 90 North Church Street George Town, Grand Cayman, Cayman Islands, KY1 9012
Based on technical indicators, Binance Coin's 200-day SMA will rise in the next month and will hit $ 355.63 by Apr 12, 2024. Binance Coin's short-term 50-Day SMA is estimated to hit $ 579.46 by Apr 12, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 81.87, which indicates that the BNB market is in a overbought position. The RSI indicator suggests that the price of BNB will increase.
Popular BNB Moving Averages and Oscillators for Thu, Mar 14, 2024
Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). #BNBBullish #BNBToTheMoon #HotTrends $BNB $PEPE $SOL