What Is ETHFI? A Deep Dive into Ether.Fi’s Decentralized Staking Protocol

Ether.Fi is a groundbreaking non-custodial staking protocol built on Ethereum, empowering users to retain control of their private keys while delegating stake to node operators and earning rewards. Unlike traditional liquid staking derivatives (LSD) platforms like Lido, Ether.Fi eliminates counterparty risk by decentralizing key management, making it a standout in DeFi infrastructure.

👉 Discover how Ether.Fi’s staking model outperforms competitors


Key Features of Ether.Fi

1. Non-Custodial Staking

  • Users maintain ownership of their keys, ensuring security and autonomy.
  • Node operators cannot access or manipulate staked funds.

2. LSD Token (eETH)

  • eETH is Ether.Fi’s liquid staking token, enabling seamless trading and DeFi integration.

3. Eigenlayer Restaking

  • Deposits are automatically restaked via Eigenlayer, enhancing yields by supporting external systems (e.g., rollups, oracles).

4. Node Service Marketplace

  • A decentralized marketplace where node operators and stakers collaborate to provide infrastructure services.

ETHFI Tokenomics

$ETHFI is the native utility and governance token of Ether.Fi, with:

Metric Details
Total Supply 1,000,000,000 ETHFI
Initial Circulating Supply 115,200,000 (11.52%)
Mining Allocation 20,000,000 (2% of total supply)

Use Cases:
– Governance (protocol upgrades, fee distribution).
– Treasury management.

👉 Explore ETHFI’s token utility and governance potential


Ether.Fi’s Roadmap

  1. Delegated Staking: Launch of non-custodial staking.
  2. Liquidity Pools: Integration with DeFi ecosystems.
  3. Node Services: Marketplace for decentralized infrastructure.

Investment Backing

In February 2024, Ether.Fi raised $27 million in funding led by:
Bullish and CoinFund
OKX Ventures, Amber Group, Consensys, and others.


ETHFI Mining on Binance

Binance’s Launchpool will list ETHFI with:

Pool Allocation Hard Cap
BNB 16,666.66 ETHFI 80% of total
FDUSD 4,166.66 ETHFI 20% of total

Mining Period: March 14–18, 2024 (UTC).


FAQs

1. How does Ether.Fi differ from Lido?

Ether.Fi is non-custodial, while Lido’s node operators control keys, introducing counterparty risk.

2. What is Eigenlayer’s role?

It enables restaking, boosting ETH yields by securing external protocols.

3. How do I participate in ETHFI mining?

Stake BNB or FDUSD in Binance Launchpool during the event window.

4. Is ETHFI a good investment?

With strong backing and innovative staking mechanics, ETHFI has significant growth potential.

5. When will ETHFI be tradable?

Post-mining, ETHFI will list on Binance and other exchanges.


Ether.Fi’s decentralized staking model and Eigenlayer integration position it as a leader in Ethereum’s infrastructure evolution. Stay ahead by exploring its unique value proposition today!
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