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Binance Launchpool Alert: Stake BNB or FDUSD to
Earn Ether.fi (ETHFI) Tokens!
Exciting news for Binance users! The next project featured on Binance Launchpool is Ether.fi (ETHFI), a liquid staking protocol on the Ethereum blockchain. Here's your chance to earn ETHFI tokens by staking BNB or FDUSD between March 14 (00:00 UTC) and March 17 (23:59 UTC).
Key Details:
Reward Distribution: Binance plans to distribute 2% of the total ETHFI token supply, equivalent to 20 million ETHFI tokens, to Launchpool participants.
Staking Options: Stake either BNB or FDUSD during the specified period to earn ETHFI tokens. Withdraw your staked coins at any time, and you'll retain your ETHFI token rewards.
Reward Allocation: 80% of rewards go to BNB stakers, while the FDUSD pool receives 20%. Your earned ETHFI depends on the size of your stake relative to the staking pool.
ETHFI Trading on Binance:
Following the Launchpool campaign, Binance will list ETHFI for trading on March 18 (12:00 UTC). Trade ETHFI against various pairs, including BTC, USDT, BNB, FDUSD, and TRY.
What is Ether.fi (ETHFI)?
Ether.fi is a liquid staking protocol on Ethereum, allowing users to stake ETH and receive eETH tokens. Notably, eETH tokens are automatically re-staked to generate additional rewards through integration with EigenLayer.
How to Participate:
Create a Binance Account: If you don't have one, sign up for a Binance account and complete the identity verification process.
Deposit BNB or FDUSD: Ensure your account is funded with BNB or FDUSD tokens.
Access Launchpool: Navigate to "More" in the Binance menu, select "Launchpad & Launchpool," and find the Ether.fi farming pools.
Choose Staking Pool: Depending on your preference, select the BNB or FDUSD pool and follow the provided instructions.
Important Dates:
Launchpool Start Date: March 14 (00:00 UTC)
Launchpool End Date: March 17 (23:59 UTC)
Binance Listing Date for ETHFI: March 18 (12:00 UTC)
Participate in the Ether.fi Launchpool on Binance