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🔸Binance Launchpad is excited to present its 49th project: Etherfi (ETHFI)
🔸Binance Expands Staking Options with ETHFI Launch
Exciting news for crypto enthusiasts! Binance is launching ETHFI, the token of ether.fi, a prominent decentralized staking protocol, on its Launchpool platform (project #49). This collaboration presents an opportunity to earn ETHFI rewards by staking BNB or FDUSD from March 14th, 00:00 UTC.
Key Details:
Farming Period: March 14th - 17thToken Listing: March 18th, 12:00 UTCMax ETHFI Supply: 1 billionLaunchpool Rewards: 20 million ETHFI (2% of total)Two Pools: BNB and FDUSD (specific details and reward breakdowns available on Binance)Important: KYC required, full details and research report on Binance website, participation restrictions apply (certain countries excluded).
ether.fi: Revolutionizing Staking with Native Liquid Restaking
While the ETHFI launch on Binance offers a chance to earn new tokens, ether.fi itself presents a unique approach to ETH staking:
Native Liquid Staking: Stake ETH and receive eETH (native liquid restaking token) in a 1:1 ratio.Amplified Returns: Utilize eETH in various ether.fi liquidity pools (Pendle, Balancer, Curve, etc.) to earn additional rewards like APR, restaking APR, and platform-specific tokens.Seamless User Experience: The platform boasts a user-friendly interface, making staking and managing assets effortless.Extensive DeFi Integration: eETH compatibility with leading DeFi protocols expands its utility and earning potential.Single-Token Liquidity Provision: Minimize impermanent loss risks by providing liquidity with just eETH in specific pools.Node Service: Contribute to the platform's infrastructure by running a node and earn block rewards.
A Symbiotic Relationship:
The synergy between Binance Launchpool and ether.fi is noteworthy. Binance offers a platform for wider ETHFI distribution and initial acquisition, while ether.fi provides a robust staking ecosystem to unlock the true potential of eETH.