Ether.Fi to Introduce ETHFI Token on Binance Launchpool Next Week
Ether.Fi, a leading liquid restaking protocol, will offer its new token ETHERFI on Binance's Launchpool platform. Binance will be the first exchange to list the token. Launchpool allows users to stake existing crypto assets to earn new tokens, providing a way to participate in early project stages and earn rewards. Users can stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days starting from March 14. The token will be listed on Binance on March 18, with trading pairs available in ETHFI versus bitcoin, stablecoin, and BNB TOKEN. The maximum token supply will be 1 billion ETHFI, with Launchpool token rewards of 20 million. The initial circulating supply will be 115.2 million. Ether.Fi is the largest liquid-restaking protocol based on total value locked (TVL), with $2.3 billion of TVL.
