Binance, the world's leading exchange, has just announced the 49th project on Binance Launchpool – Ether.fi (ETHFI). This is a decentralized, non-custodial delegated staking protocol. The website is expected to be available within 24 hours, before the Launchpool officially begins.

ETHFI Token Farming and Distribution Period

Users can stake BNB and FDUSD into separate pools to farm ETHFI tokens for 4 days, starting from 2024-03-14 00:00 (UTC). ETHFI will then be listed at 2024-03-18 12:00 (UTC) and open for trading with multiple trading pairs, including ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI /TRY. Seed tokens will be applied to ETHFI.

ETHFI Launch Team Details:

Token Name: Ether.fi (ETHFI)

Maximum Supply: 1,000,000,000 ETHFI

Launchpool Reward: 20,000,000 ETHFI (2% of maximum supply)

Initial Circulating Supply: 115,200,000 ETHFI (11.52% of maximum supply)

Smart Contract: Ethereum

Staking Terms: KYC required

Hard Limit and Pool Support:

Hourly Hard Limit Per User:

16,666.66 ETHFI in BNB pool

4,166.66 ETHFI in FDUSD pool

Supported Swimming Pools:

Stake BNB (site will be available in about 24 hours): 16,000,000 ETHFI (80%) reward

FDUSD Staking (website will be available in approximately 24 hours): 4,000,000 ETHFI (20%) reward

ETHFI Farming and Distribution Time:

Farming Time: 2024-03-14 00:00 (UTC) to 2024-03-17 23:59 (UTC).

Daily Distribution:

2024-03-14 – 2024-03-17:

Total Daily Rewards: 5,000,000 ETHFI

BNB Pool Daily Rewards: 4,000,000 ETHFI

FDUSD Pool Daily Reward: 1,000,000 ETHFI