So Ethfi is pumping now at +6$🔥 for those of you that don't really know what Ethfi is, here is all you need ...Binance recently listed Ether.fi (ETHFI), a new staking protocol for Ethereum, on March 18, 2024. Here's a quick rundown:
What is Ether.fi?
Decentralized, non-custodial liquid staking platform for Ethereum.
Allows users to stake ETH while keeping control of their private keys (unlike traditional staking).
Earn rewards from:
Ethereum staking itself
ether.fi loyalty points (usable within the ecosystem)
Restaking rewards (through a partnership with EigenLayer)
Users can participate in DeFi activities with their staked ETH (represented by a token called weETH).
Binance and ETHFI
Binance was the first platform to list ETHFI.
They offered ETHFI tokens through Launchpool before listing, allowing users to farm them by staking BNB or FDUSD.
ETHFI started trading on March 18 with several trading pairs including ETHFI/USDT and ETHFI/BNB.
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