Binance recently announced the launch of a new coin mining project, the 49th issue of which is ether.fi (#ETHFI ). This marks the first project on the Restaking track to successfully land on the Binance platform. Odaily Planet Daily will introduce the main business features of ether.fi, Launchpool information and token price predictions in this article.
Project Introduction
The concept of Restaking was proposed by Eigenlayer founder Sreeram Kannan, which allows staked ETH to be re-staking on other protocols and DApps to participate in the verification process. ether.fi is the number one TVL-ranked protocol in the track, with 619,000 ETH currently staked worth $2.46 billion. In addition, ether.fi supports a wide variety of assets, including ETH, stETH, RS-stETH, cbETH, RS-cbETH, wBETH, and RS-wBETH.