ETHFI，

What is ETHFI?

ETHFI coin, as its name suggests, is a unique token on the Ethereum network. Ethereum, the world’s second-largest cryptocurrency platform, leads the way with its smart contracts and decentralized applications (DApps). Now, with the emergence of ETHFI currency, where will the boundaries of Ethereum be expanded?

The concept of Restaking was proposed by Sreeram Kannan, the founder of EigenLayer, and its core mechanism makes your ETH (and various LST) useful again, staking it on other protocols and DApps, and participating in the verification process.

EigenLayer directly accesses the security and liquidity of Ethereum through Active Verification Service (AVS), allowing you to enjoy the security of Ethereum without the need to establish an additional economic and verification system.

What are the unique features of ETHFI?

Unique Features of ETHFI One of the distinctive features of ether.fi is that stakers control their keys and do not need to worry about the risk of the project party being hacked or running away. In the Ether.fi protocol, stakers need to maintain control of their ETH, which is different from the practices of staking protocols such as Merlin and Puffer. Ether.fi also allows the creation of a node service market, ensuring that the protocol has a sustainable revenue model and creating a true business ecosystem.

ETHFI Token Economic Model

Token Economic Model: The total supply of ETHFI is 1 billion, and the circulating supply at the time of listing will be 115.2 million, accounting for approximately 11.52% of the total token supply. Binance’s participation in mining K accounted for 2%, 20 million pieces, and airdrops accounted for 11%, 110 million pieces. It is a blessing to participate in the early pledge project. Those with BNB and FDUSD can continue to participate in mining K. AEVO ends the transfer of mining to ETHFI, and Binance is madly giving meat to the bull market. The Stabilization Party seized the opportunity.

Team background and financing situation:

Key members Mike Silagadze founder and CEO Rok Kopp co-founder.
On February 28, 2023, North Island Venture Capital, Node Capital, Arlington Capital, Whirlpool Capital and other institutions jointly invested in the seed round, totaling US$5.3 million!

On February 27, 2024, many top institutions such as CoinFund, Relayer Capital, Lvna Capital, Amber Group, 0KX Venture Capital, Bankless Venture Capital, ConsenSys Mesh, Selini Capital, etc. joined in, jointly investing US$27 million!

What is the outlook for ETHFI? The latest price of ether.fi (ETHFI) is $5.82, and the 24-hour trading volume is $541,380,333. The price of ETHFI has increased by 30.3% in the past 24 hours. The circulation of ether.fi is: 115 million ETHFI, the maximum supply: 1 billion, the total supply: 1 billion, the circulation rate: 11.52%, and the circulation market value: $670,705,920.

Currently, Ether.Fi’s TVL is close to $2.5 billion, second only to LDO. EtherFi initially entered the LSD market with the intention of competing with Lido. However, due to the extremely strong liquidity of STETH, EtherFi quickly made adjustments and successfully transformed into LRT, opening a new chapter of development.

Compared with other projects, EtherFi can support native staking of ETH. Because it was launched relatively early and has a strong performance record, it is firmly in the leading position of TVL.

According to the latest developments from Ether.Fi, they are advancing an advanced integration called Decentralized Verification Technology (DVT). This innovation aims to allow more people to participate freely as independent pledgers, lower the threshold and increase flexibility.

EtherFi is notable for its prominence in the restaking space and its upcoming EigenLayer AVS adaptation. With the advent of more AVS and the increase in potential returns, EtherFi will not only bring increased wealth to token holders, but is also expected to play a more important role in project governance and selection. #WIF #BTC #ETHFI， #DOGE #SHIB

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#ETHFI，

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