EtherFi!
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Liquid restaking protocols like Ether.Fi are designed to reuse Ethereum's proof-of-stake blockchain to secure other networks and protocols, and have quickly become one of the hottest types of projects in crypto.
Ether.Fi, the biggest among a fast-growing new breed of blockchain projects known as "liquid restaking protocols," will have its new token ETHERFI offered next week on crypto exchange Binance's Launchpool.
Binance made the announcement on its website, adding that the exchange would be the first to list the token.
Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days," with farming starting at 00:00 UTC on March 14, Binance said. "Binance will then list ETHFI at 12:00 UTC on March 18." Trading pairs will be available in ETHFI versus bitcoin (BTC), stablecoin (USDT) and BNB TOKEN, among others
According to the post, there will be a maximum token supply of 1 billion ETHFI, and Launchpool token rewards of 20 million, or 2% of the max token supply.
The initial circulating supply will be 115.2 million, or 11.5%.
#ETHFI #ETHFILAUNCHPOOL #EtherFi! #Ethfutures #ETH✅
Ether.Fi, the biggest among a fast-growing new breed of blockchain projects known as "liquid restaking protocols," will have its new token ETHERFI offered next week on crypto exchange Binance's Launchpool.
Binance made the announcement on its website, adding that the exchange would be the first to list the token.
Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days," with farming starting at 00:00 UTC on March 14, Binance said. "Binance will then list ETHFI at 12:00 UTC on March 18." Trading pairs will be available in ETHFI versus bitcoin (BTC), stablecoin (USDT) and BNB TOKEN, among others
According to the post, there will be a maximum token supply of 1 billion ETHFI, and Launchpool token rewards of 20 million, or 2% of the max token supply.
The initial circulating supply will be 115.2 million, or 11.5%.
#ETHFI #ETHFILAUNCHPOOL #EtherFi! #Ethfutures #ETH✅
$Binance Launchpool: Earn Ether.fi (ETHFI) Tokens By Staking BNB or FDUSD
Trending
Leading cryptocurrency exchange Binance has announced Ether.fi as the next project that will be featured on the Binance Launchpool staking platform.
Between March 14 at 00:00 UTC and March 17 at 23:59 UTC, users will be able to earn Ether.fi (ETHFI) tokens on Binance simply by staking BNB or FDUSD. The staked coins can be withdrawn at any time, and you'll be able to keep your ETHFI token rewards even if you withdraw before the farming period concludes.
Earn ETHFI Tokens on Binance
Binance plans to distribute 2% of the total ETHFI token supply to users on Launchpool. This translates to 20 million ETHFI tokens out of a total supply of 1 billion tokens.
80% of these rewards will be distributed to BNB stakers, while the FDUSD pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more ETHFI if you stake BNB rather than FDUSD. It all depends on how big the size of your stake is relative to the size of the staking pool you've selected.
Introducing @ether_fi $ETHFI on #Binance Launchpool! Farm $ETHFI by staking #BNB and $FDUSD. ➡️ https://t.co/2oxm5eZDSP pic.twitter.com/USkSFl2uw0
— Binance (@binance) March 12, 2024
In addition to featuring Ether.fi on its Launchpool platform, the Binance exchange will also be listing the ETHFI token for trading. Trading will go live on March 18 at 12:00 UTC, and ETHFI will be available in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.
It is worth noting that Binance will be listing ETHFI with the “Seed Tag”, which is used to label crypto projects that are still very early in their development. Cryptocurrencies with this tag were previously known in the “Innovation Zone”. The purpose of the Seed Tag is to let users know that the cryptocurrency might be more volatile and risky compared to most other cryptos listed on the exchange.
What is Ether.fi (ETHFI)?
Ether.fi is a liquid staking protocol built on the Ethereum blockchain where users stay in control of their private keys.#EtherFi!
Trending
Leading cryptocurrency exchange Binance has announced Ether.fi as the next project that will be featured on the Binance Launchpool staking platform.
Between March 14 at 00:00 UTC and March 17 at 23:59 UTC, users will be able to earn Ether.fi (ETHFI) tokens on Binance simply by staking BNB or FDUSD. The staked coins can be withdrawn at any time, and you'll be able to keep your ETHFI token rewards even if you withdraw before the farming period concludes.
Earn ETHFI Tokens on Binance
Binance plans to distribute 2% of the total ETHFI token supply to users on Launchpool. This translates to 20 million ETHFI tokens out of a total supply of 1 billion tokens.
80% of these rewards will be distributed to BNB stakers, while the FDUSD pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more ETHFI if you stake BNB rather than FDUSD. It all depends on how big the size of your stake is relative to the size of the staking pool you've selected.
Introducing @ether_fi $ETHFI on #Binance Launchpool! Farm $ETHFI by staking #BNB and $FDUSD. ➡️ https://t.co/2oxm5eZDSP pic.twitter.com/USkSFl2uw0
— Binance (@binance) March 12, 2024
In addition to featuring Ether.fi on its Launchpool platform, the Binance exchange will also be listing the ETHFI token for trading. Trading will go live on March 18 at 12:00 UTC, and ETHFI will be available in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.
It is worth noting that Binance will be listing ETHFI with the “Seed Tag”, which is used to label crypto projects that are still very early in their development. Cryptocurrencies with this tag were previously known in the “Innovation Zone”. The purpose of the Seed Tag is to let users know that the cryptocurrency might be more volatile and risky compared to most other cryptos listed on the exchange.
What is Ether.fi (ETHFI)?
Ether.fi is a liquid staking protocol built on the Ethereum blockchain where users stay in control of their private keys.#EtherFi!
EtherFi - Seamless Staking Effortless Earnings
Liquid Staking will be one of the biggest trends in #DeFi 2024 - 2025.
@ether_fi is leading this narrative with:
- 74,000 Users
- $3B Total Value Locked
- @binance Launchpool
- $32M+ Fundraising from @Consensys @okx @Arrington_Cap @ambergroup_io
- Top Partner Ecosystem @eigenlayer @pendle_fi @mavprotocol @Balancer
Here is a presentation of this launchpool and the @ether_fi project 🧵
#ETHFiLAUNCHPOOL
1/ #EtherFi! is aiming to bolster Ethereum's decentralization by simplifying non-custodial staking.
@ether_fi Principles:
🔹Decentralization is a primary objective
🔹The ether.fi protocol is a real business with a sustainable revenue model.
🔹Do the right thing for the Ethereum community, always
2/ $ETHFI Price Prediction
Comparing with @lidofinance - a Liquid Staking platform,
→ $ETHFI Initial Circulating Supply is 11.52%
→ Total supply is 1 Billion
$ETHFI price may be 3$ - 5$ at TGE on Binance with Market Cap around $360M - $600M
3/ #ETHERFI #Binance Launchpool
All Users Can Now Secure $ETHFI with @Binance Launchpool by Stake your $BNB and $FDUSD, Binance Launchpool Allocation: 20,000,000 (2% of total supply)
Register & Trade Now to Get a 10% Fee Discount 👇
https://accounts.binance.com/register?ref=KCLHB03N
4/ How re-staking provides superior rewards
With #etherfi, your ETH can be staked and then re-staked to earn you the best rewards
→ Stake ETH: Stake any amount of your ETH
→ Receive eETH: Receive eETH that will earn staking rewards
→ Natively re-staked: eETH is natively re-staked for additional rewards.
→ Maximize Rewards: Use your eETH in DeFi to maximize returns
5/ Partners & More
By collaborating with Top Dapps on #DeFi Space such as @eigenlayer @pendle_fi @mavprotocol @Balancer , #ETHFI staking protocol gains access to a powerful restaking collective embedded in the Ethereum network.
This includes consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.
To read more of EtherFi, Visit
https://www.binance.com/vi/research/projects/etherfi
Join Binance Launchpool now:
https://launchpad.binance.com/en/?ref=KCLHB03N
Register & Trade Now to Get a 10% Fee Discount 👇 :
https://accounts.binance.com/register?ref=KCLHB03N
@ether_fi is leading this narrative with:
- 74,000 Users
- $3B Total Value Locked
- @binance Launchpool
- $32M+ Fundraising from @Consensys @okx @Arrington_Cap @ambergroup_io
- Top Partner Ecosystem @eigenlayer @pendle_fi @mavprotocol @Balancer
Here is a presentation of this launchpool and the @ether_fi project 🧵
#ETHFiLAUNCHPOOL
1/ #EtherFi! is aiming to bolster Ethereum's decentralization by simplifying non-custodial staking.
@ether_fi Principles:
🔹Decentralization is a primary objective
🔹The ether.fi protocol is a real business with a sustainable revenue model.
🔹Do the right thing for the Ethereum community, always
2/ $ETHFI Price Prediction
Comparing with @lidofinance - a Liquid Staking platform,
→ $ETHFI Initial Circulating Supply is 11.52%
→ Total supply is 1 Billion
$ETHFI price may be 3$ - 5$ at TGE on Binance with Market Cap around $360M - $600M
3/ #ETHERFI #Binance Launchpool
All Users Can Now Secure $ETHFI with @Binance Launchpool by Stake your $BNB and $FDUSD, Binance Launchpool Allocation: 20,000,000 (2% of total supply)
Register & Trade Now to Get a 10% Fee Discount 👇
https://accounts.binance.com/register?ref=KCLHB03N
4/ How re-staking provides superior rewards
With #etherfi, your ETH can be staked and then re-staked to earn you the best rewards
→ Stake ETH: Stake any amount of your ETH
→ Receive eETH: Receive eETH that will earn staking rewards
→ Natively re-staked: eETH is natively re-staked for additional rewards.
→ Maximize Rewards: Use your eETH in DeFi to maximize returns
5/ Partners & More
By collaborating with Top Dapps on #DeFi Space such as @eigenlayer @pendle_fi @mavprotocol @Balancer , #ETHFI staking protocol gains access to a powerful restaking collective embedded in the Ethereum network.
This includes consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.
To read more of EtherFi, Visit
https://www.binance.com/vi/research/projects/etherfi
Join Binance Launchpool now:
https://launchpad.binance.com/en/?ref=KCLHB03N
Register & Trade Now to Get a 10% Fee Discount 👇 :
https://accounts.binance.com/register?ref=KCLHB03N
Introducing ether.fi (ETHFI) on Binance Launchpool! Farm ETHFI by Staking BNB and FDUSD
Listing
Binance will then list ETHFI at 2024-03-18 12:00 (UTC) and open trading with ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI/TRY trading pairs. The Seed Tag will be applied to ETHFI.
ETHFI Launchpool Details:
Token Name: ether.fi (ETHFI)
Max Token Supply: 1,000,000,000 ETHFI
Launchpool Token Rewards: 20,000,000 ETHFI (2% of max token supply)
Initial Circulating Supply: 115,200,000 ETHFI (11.52% of max token supply)
Smart Contract Details: Ethereum
Staking Terms: KYC required
Hourly Hard Cap per User:
16,666.66 ETHFI in BNB pool
4,166.66 ETHFI in FDUSD pool
#ETHFI #ETHFILAUNCHPOOL #EtherFi!
Listing
Binance will then list ETHFI at 2024-03-18 12:00 (UTC) and open trading with ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI/TRY trading pairs. The Seed Tag will be applied to ETHFI.
ETHFI Launchpool Details:
Token Name: ether.fi (ETHFI)
Max Token Supply: 1,000,000,000 ETHFI
Launchpool Token Rewards: 20,000,000 ETHFI (2% of max token supply)
Initial Circulating Supply: 115,200,000 ETHFI (11.52% of max token supply)
Smart Contract Details: Ethereum
Staking Terms: KYC required
Hourly Hard Cap per User:
16,666.66 ETHFI in BNB pool
4,166.66 ETHFI in FDUSD pool
#ETHFI #ETHFILAUNCHPOOL #EtherFi!
I have earned almost 32 #EtherFi! coin just by holding some BNB. Will get some more coin because last 5 hours are still remaining. You can also earn free coins just you have to stake your BNB or FDUSD.
What do you think the price of 1 #Ether.Fi coin?
$BTC $ETH $BNB #HotTrends #HotTrends #ETH
What do you think the price of 1 #Ether.Fi coin?
$BTC $ETH $BNB #HotTrends #HotTrends #ETH
What is etherFi? An Overview Of New Binance Launchpool Project Ether.Fi🔶
etherFi is a decentralized liquid staking platform, enabling users to stake ETH to support node operators and receive rewards.
👉What is etherFi?
etherFi is a decentralized liquid staking platform that allows users to stake ETH to support node operators and receive rewards. Notably, etherFi creates a unique Non-Fungible Token (NFT) for each validator created during the staking process.
These NFTs possess the distinctive characteristics of each validator and allow for the storage of metadata. Thanks to this metadata, developers can build a more advanced staking infrastructure in the future
👉How etherFi Works
The etherFi protocol consists of a service layer, which can serve as a platform for building other services. By providing a platform for developers to build on, etherFi aims to promote innovation within the staking ecosystem.
Moreover, stakers and node operators can access various services built on the staking infrastructure. As new services emerge, participants in the etherFi protocol stand to benefit from the growth and expansion of the ecosystem.
The etherFi project operates on the principles of decentralization and autonomy. They establish a network of reliable nodes without relying on intermediary organizations, improving system security and encouraging decentralization.
The etherFi protocol provides a service layer, creating conditions for the development of new services. This encourages innovation in the staking field and promotes the development of new useful applications.
Users of etherFi can access various services built on the staking platform. With the emergence of new services, etherFi users will benefit from the development and expansion of the ecosystem.
👉Highlights of etherFi
🤳Native Restaking:
Allows users to receive better rewards, as their ETH earns income from staking and additional income from restaking through Eigenlayer.
🤳Decentralization:
ether.fi implements Operation Solo Staker, enhancing Ethereum’s decentralization by deploying nodes in geographically diverse locations.
🤳Security and Risk Mitigation:
etherFi is the only protocol where stakers control the keys, minimizing risks associated with third-party node operators and protocols.
🤳Robust Development Ecosystem:
eETH is designed for use in DeFi. etherFi collaborates with various DeFi protocols to enhance the utility of eETH.
👉Roadmap:-
✅Achieved:
August 2023: Integration phase of Solo Node Operator – Phase 1
Integration phase of DVT – Phase 1
October 2023: Open source smart contracts
November 2023: Launch of eETH
🕳️In Progress:
April 2024: DVT integration phase 2, DAO Governance & TGE
#HotTrends #EtherFi!
👉What is etherFi?
etherFi is a decentralized liquid staking platform that allows users to stake ETH to support node operators and receive rewards. Notably, etherFi creates a unique Non-Fungible Token (NFT) for each validator created during the staking process.
These NFTs possess the distinctive characteristics of each validator and allow for the storage of metadata. Thanks to this metadata, developers can build a more advanced staking infrastructure in the future
👉How etherFi Works
The etherFi protocol consists of a service layer, which can serve as a platform for building other services. By providing a platform for developers to build on, etherFi aims to promote innovation within the staking ecosystem.
Moreover, stakers and node operators can access various services built on the staking infrastructure. As new services emerge, participants in the etherFi protocol stand to benefit from the growth and expansion of the ecosystem.
The etherFi project operates on the principles of decentralization and autonomy. They establish a network of reliable nodes without relying on intermediary organizations, improving system security and encouraging decentralization.
The etherFi protocol provides a service layer, creating conditions for the development of new services. This encourages innovation in the staking field and promotes the development of new useful applications.
Users of etherFi can access various services built on the staking platform. With the emergence of new services, etherFi users will benefit from the development and expansion of the ecosystem.
👉Highlights of etherFi
🤳Native Restaking:
Allows users to receive better rewards, as their ETH earns income from staking and additional income from restaking through Eigenlayer.
🤳Decentralization:
ether.fi implements Operation Solo Staker, enhancing Ethereum’s decentralization by deploying nodes in geographically diverse locations.
🤳Security and Risk Mitigation:
etherFi is the only protocol where stakers control the keys, minimizing risks associated with third-party node operators and protocols.
🤳Robust Development Ecosystem:
eETH is designed for use in DeFi. etherFi collaborates with various DeFi protocols to enhance the utility of eETH.
👉Roadmap:-
✅Achieved:
August 2023: Integration phase of Solo Node Operator – Phase 1
Integration phase of DVT – Phase 1
October 2023: Open source smart contracts
November 2023: Launch of eETH
🕳️In Progress:
April 2024: DVT integration phase 2, DAO Governance & TGE
#HotTrends #EtherFi!
