How about Binance’s 49th Launchpool project EtherFi (ETHFI)? Will it have a hundredfold potential?
EtherFi’s development began in March 2023 with the successful completion of a $5.3 million seed round led by North Island VC. This financing played a key role in the development and issuance of eETH tokens and laid the foundation for EtherFi’s decentralized staking protocol.
Following its seed round, EtherFi continued its momentum, closing a $23 million Series A round last February. The round was led by Bullish Capital and CoinFund, with participation from Consensys, OKX Ventures and Draper Dragon
The addition of well-known web3 founders from Aave, Polygon, Kraken and Curve further underscores the industry’s confidence in EtherFi’s vision and potential. EtherFi was founded by Mike Silagadze and Rok Kopp.
Friends who want to mine can do so tomorrow. According to Binance, 80% of the rewards will be distributed to those who stake BNB, while the remaining 20%, or 4,000,000 ETHFI, will be distributed to those who stake FDUSD.
This project is Binance’s most promising project, and the investment is the largest in history, so ETHFI, the currency brother, believes that it has a hundredfold potential. #BTC #ETH
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