ETHFI Token ETHFI Token

$1.10 0.00% ETHFI
Volume (24h)
$—
24h High
$1.10
24h Low
$1.10
Circulating Market Cap
$480,503,479
Total Market Cap
$788,286,741
Bid / Ask
$1.10 / $1.10

What is Ether.Fi (ETHFI)?

Ether.Fi is a blockchain initiative categorised under liquid restaking protocols, leveraging Ethereum's proof-of-stake blockchain for the security of other networks and protocols. It is among the newer additions to the blockchain sector, focusing on utilising Ethereum's staking mechanisms more efficiently.

What is Ether.Fi (ETHFI) used for?

Ether.Fi's application revolves around liquid restaking protocols, intending to repurpose Ethereum's staking process for securing additional networks and protocols. The approach aims to enhance Ethereum's proof-of-stake infrastructure's utility, facilitating staking and reward mechanisms in the DeFi space.

Who created Ether.Fi (ETHFI)?

The creation of Ether.Fi was led by CEO Mike Silagadze, with the project gaining visibility through its offering on Binance Launchpool. This platform allows users to stake crypto assets to farm new tokens such as ETHFI, contributing to its development and engagement within the blockchain community.