Introduction to Ether.Fi and ETHFI Token
Ether.Fi is a decentralized, non-custodial delegated staking protocol built on Ethereum. Its innovative infrastructure allows participants to:
- Maintain control of their keys while proxy-staking
- Automatically restake deposits through Eigenlayer for enhanced yield opportunities
- Support external systems like rollups and oracles through Eigenlayer's economic security layer
The $ETHFI token serves as Ether.Fi's native utility and governance asset, enabling:
✔ Protocol governance decisions
✔ Treasury management
✔ Critical upgrades approval
✔ Fee structure adjustments
Launchpool Event Essentials
Key Details
- Mining Period: March 14, 2024 (08:00 UTC+8) to March 18, 2024 (07:59 UTC+8)
Total Reward Pool: 20,000,000 ETHFI (2% of max supply)
- BNB Pool: 16,000,000 ETHFI (80%)
- FDUSD Pool: 4,000,000 ETHFI (20%)
- Listing: ETHFI trading pairs go live March 18, 2024 (20:00 UTC+8)
Reward Mechanics
- Hourly randomized snapshots calculate rewards
- No locking period - unstake anytime
Individual hourly caps:
- BNB Pool: 16,666.66 ETHFI
- FDUSD Pool: 4,166.66 ETHFI
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Participation Guide
Step-by-Step Process
Account Setup
- Register on Binance (KYC required)
- Acquire BNB or FDUSD for staking
Access Launchpool
- Navigate to Launchpad via Binance app
- Switch to "Professional" interface view
Stake Assets
- Select preferred pool (BNB/FDUSD)
- Enter staking amount
- Confirm transaction
New User Benefits
- First 1,600 registrants: 5 ETHFI reward per user
- Subsequent participants: Share 8,000 ETHFI pool
- Note: Must use official referral links to qualify
Project Resources
| Resource | Link |
|---|---|
| Official Website | ether.fi |
| Whitepaper | GitBook |
| @ether_fi | |
| Discord | Ether.Fi Community |
👉 Discover how Eigenlayer transforms ETH staking rewards
FAQ Section
Q: Is there a minimum staking amount?
A: No set minimum, but rewards scale with staked amount.
Q: Can I unstake before the mining period ends?
A: Yes, Binance Launchpool allows flexible unstaking anytime.
Q: How does Eigenlayer boost my yields?
A: By enabling restaking across multiple protocols while maintaining single-asset exposure.
Q: When will I receive my ETHFI tokens?
A: Rewards accrue hourly and can be claimed to your spot account anytime.
Q: What's the ETHFI token utility beyond governance?
A: It facilitates protocol fee payments and community incentive programs.
Q: Are there geographic restrictions?
A: Some jurisdictions may require additional compliance checks - verify local regulations.
Key Takeaways
- Ether.Fi introduces novel restaking mechanics via Eigenlayer integration
- Binance Launchpool offers low-risk token acquisition method
- Early participants qualify for exclusive airdrop rewards
- $ETHFI serves as both governance and ecosystem growth driver