Ether.fi

aims to maximize staking rewards through various mechanisms, including restaking and providing liquidity to DeFi protocols. The governance token, ETHFI, grants holders voting rights within the ecosystem, allowing them to participate in decisions regarding the protocol’s development and revenue distribution.

• Max Supply: 1,000,000,000 ETHFI tokens.

• Fully Diluted Valuation (FDV): BTC80,908.0457.

• Token Distribution: Allocated for airdrops, core contributors, the project’s treasury, and investors.

• Public Sale Price: $3.00 per ETHFI during the IEO.

As of today #{today’s date}, the price of Ether.fi is ₹192.74 INR or 2.068 USD, with a 24-hour trading volume of 187202921.51 USD. The market capitalization for Ether.fi is 432881691.12USD. The circulating supply is 209432914 Ether.fi, with the total supply also being 1000000000 Ether.fi.

• Decentralized Staking

• :

• Ether.fi

• offers a non-custodial staking solution, allowing users to earn staking rewards without giving up control of their ETH.

• Liquid Staking Derivative

• : Users receive eETH, a liquid token that can be used across DeFi platforms, providing liquidity while still earning staking rewards.

• Governance Participation

• : ETHFI token holders can vote on key protocol decisions, giving them a say in the project’s direction.

• Incentive Programs

• : The protocol has conducted significant airdrops and other incentive programs to reward early adopters and users.

• Ecosystem Growth

• : The protocol’s total value locked (TVL) has shown substantial growth, indicating increasing user adoption and trust.

• Market Volatility

• : As with all cryptocurrencies, ETHFI is subject to high market volatility, which can lead to significant price fluctuations.

• Regulatory Risks

• : The evolving regulatory landscape for cryptocurrencies could impact the protocol’s operations and token value.

• Complexity for Users

• : The staking and governance processes may be complex for average users, potentially limiting broader adoption.

• Competition

• :

• Ether.fi

• faces stiff competition from other staking and DeFi protocols, which could affect its market share.

• Technical Risks

• : Smart contract vulnerabilities and other technical issues could pose risks to users’ staked assets and the protocol’s integrity.

• Innovative Staking Solutions

• :

• Ether.fi

• 's approach to maximizing staking rewards through restaking and liquidity provision is attractive to investors looking for passive income.

• Strong Incentive Structure

• : The protocol’s airdrops and reward programs could provide additional value to token holders.

• Growing DeFi Ecosystem

• : Participation in a growing DeFi ecosystem can offer exposure to the burgeoning sector and potential for significant returns.

• Governance Rights

• : Holding ETHFI tokens allows investors to influence the protocol’s future, aligning the interests of users and developers.

• Potential for Appreciation

• : Given the protocol’s innovative features and growing TVL, there is potential for the ETHFI token to appreciate in value.

• Liquid Staking Derivative

• :

• Ether.fi

• 's eETH token allows users to maintain liquidity while their ETH is staked, a unique feature not offered by all staking protocols.

• Delegated Staking via Auction

• : The protocol’s auction system for delegated staking is designed to optimize rewards for both stakers and node operators.

• Revenue Sharing Model

• :

• Ether.fi

• has a revenue-sharing model that distributes protocol earnings among stakeholders, enhancing the token’s value proposition.

addresses the issue of liquidity in staking by providing a liquid staking derivative, allowing users to participate in DeFi activities without sacrificing staking rewards. It also solves the problem of centralization in staking by offering a non-custodial and decentralized protocol where users retain control over their assets.

team is led by Mike Silagadze, the founder and CEO, who has experience in starting, scaling, and operating companies. The team includes Jozef Vogel as Chief Operating Officer, Rok Kopp as Chief Growth Officer, Rupert Klopper as Vice President of Engineering, and Seongyun Ko as Chief Protocol Architect, among others. The team’s background spans various areas of expertise, including blockchain technology, software engineering, and business development.

to capitalize on Binance’s extensive user base and platform capabilities, providing a robust launch environment for the new token.

• Token Name

• : $ETHFI

• Platform

• : Binance Launchpad

• IEO Dates

• : March 14, 2024, to March 17, 2024

• Token Supply

• : The total token supply is capped at 1 billion ETHFI tokens.

• Tokens for Sale during IEO

• : 20,000,000 ETHFI, which represents 2% of the total token supply.

• Initial Circulating Supply

• : 115,200,000 ETHFI, accounting for 11.52% of the maximum token supply.

• IEO Price

• : $3.00 per ETHFI.

• Total Raised

• : $32,300,000 USD.

The launch also featured a unique aspect through the Binance Launchpool, where users could stake their BNB and FDUSD to farm ETHFI tokens. This event started on March 14, 2024, at 00:00 UTC and lasted until the token began trading on Binance on March 18, 2024, at 12:00 UTC. The Launchpool mechanism not only facilitated the initial distribution of the tokens but also engaged the community by allowing them to earn ETHFI through staking.

, positioning it advantageously in the competitive landscape of decentralized finance and staking protocols.

• Market Volatility

• : The cryptocurrency market is known for its volatility, which can lead to rapid changes in the token’s value.

• Regulatory Uncertainty

• : Changes in regulations could adversely affect the protocol’s operations and the token’s legality or usability.

• Technical Challenges

• : Smart contract bugs or security vulnerabilities could result in loss of funds or other operational issues.

• Competitive Market

• : The DeFi and staking space is highly competitive, with many protocols vying for users and capital.

• Adoption Barriers

• : The complexity of staking and governance processes may hinder widespread adoption among less technical users.

's whitepaper outlines the protocol’s vision to create a decentralized, non-custodial staking service that offers higher returns and lower costs. The protocol is built on the Ethereum blockchain and utilizes a delegated staking model where users can stake their ETH and receive a liquid staking derivative token, eETH. This token can be used across various DeFi platforms, allowing users to earn additional rewards while their original stake continues to generate staking rewards.

The protocol employs an auction system where node operators bid to run validator nodes, optimizing the staking process and potentially increasing rewards for all parties involved. The whitepaper details the technical architecture of the protocol, including the use of smart contracts for node registration, bid management, and reward distribution.

's governance model is highlighted, where ETHFI token holders can vote on proposals related to the protocol’s development, such as changes to the fee structure or the allocation of treasury funds. The whitepaper emphasizes the importance of decentralization and the protocol’s commitment to maintaining a non-custodial service, ensuring that users retain control over their staked ETH at all times.

The revenue-sharing model is a key aspect of the protocol, with various revenue streams being distributed among ETHFI token holders, node operators, and other stakeholders. This model is designed to create a sustainable ecosystem that benefits all participants and supports the long-term growth of the protocol.

as a solution to the challenges of traditional staking, offering a more flexible, secure, and profitable staking experience for Ethereum users. It aims to contribute to the broader DeFi ecosystem by providing a service that enhances the utility of staked assets and fosters greater participation in decentralized finance.