ETHFI Launch Imminent!
Binance Launchpool's 49th project, ether.fi (ETHFI), is set to debut on March 18 at 20:00 UTC. Users can stake BNB and FDUSD to farm ETHFI tokens, marking another milestone in Ethereum's restaking ecosystem.
Project Overview
- Name: Ether.Fi (ETHFI)
- Sector: Restaking
- Launch Date: March 18, 2024
- Platforms: Binance, OKX
Ether.Fi redefines Ethereum staking through its decentralized protocol leveraging Eigenlayer technology. By enabling restaking of deposits, it amplifies yields for ETH stakers while issuing eETH—a liquid staking token compatible with DeFi protocols.
👉 Discover how ETHFI compares to top staking protocols
Key Stats:
- Total Value Locked: $2.46B (619K ETH)
- Supported Assets: ETH, stETH, cbETH, wBETH, and more
Tokenomics & Governance
- Max Supply: 1B ETHFI
- Binance Allocation: 2% for Launchpool
- Governance: ETHFI holders steer protocol upgrades, fee structures, and ecosystem grants
Why This Matters:
ETHFI’s governance model empowers community-driven decision-making, ensuring long-term alignment with Ethereum’s decentralized ethos.
Funding Milestones
| Date | Amount | Lead Investors |
|------------|-------------|--------------------------------|
| Feb 2024 | $27M | Bullish, CoinFund |
| Feb 2023 | $5.3M | North Island Ventures |
👉 Explore ETHFI's investor network
Why ETHFI Stands Out
- Decentralized Staking: Promotes solo stakers via distributed validator keys.
- Liquidity: eETH integrates seamlessly across DeFi.
- Innovation: Eigenlayer-backed restaking enhances capital efficiency.
Pro Tip: While ETHFI’s NFT utility remains undervalued, its point system offers hidden potential for early adopters.
FAQ
Q1: How does ETHFI differ from Lido?
A: ETHFI focuses on restaking via Eigenlayer, whereas Lido offers traditional liquid staking.
Q2: Is eETH pegged 1:1 to ETH?
A: Yes, eETH maintains parity and accrues staking rewards.
Q3: What’s the risk of restaking?
A: Smart contract vulnerabilities—though Eigenlayer audits mitigate this.
Q4: Can I trade ETHFI immediately at launch?
A: Yes, pairs include ETHFI/USDT and ETHFI/BTC on Binance.
Sources: Binance Announcement, Ether.Fi Documentation
Disclaimer: This content is for informational purposes only and does not constitute financial advice.