The Ether project.fi announced the imminent appearance of its token on the Binance platform, confirmation of which came from the developers of the leading in the dynamically developing segment of liquid betting Ethereum. The trading platform, through its press center, also confirmed that the ETHFI token will be integrated into the Binance Launchpool ecosystem.

"By placing BNB and FDUSD in specialized pools, users will have the opportunity to earn ETHFI tokens over a four-day period." It is noted that the start of the process is scheduled for March 14, 2024, as specified in Binance. "After that, on March 18, the official listing of ETHFI on the stock exchange will take place." The platform will offer customers a variety of trading pairs, including ETHFI/BTC, ETHFI/USDT and ETHFI/BNB, while the volume of token supply is limited to $1 billion.

As part of the incentive for participation in Launchpool, 20 million ETHFI has been allocated, which corresponds to 2% of the total supply of digital assets. At the same time, the initial volume of tokens in circulation will reach 115.2 million, or 11.5%.

Liquid restaking protocols are designed to increase the efficiency of using tokens, which contributes to the protection and support of other networks and protocols. In collaboration with the EigenLayer product, they offer ETH holders new income opportunities.

Ether.fi occupies a leading position among the protocols for the redistribution of liquidity in the Ethereum network according to DeFiLama, with a total blocked value (TVL) of $2.3 billion, ahead of the second largest market participant Puffer Finance with $1.5 billion.

Binance Launchpool provides a unique opportunity for users to freeze their assets in exchange for receiving new cryptocurrencies before their official listing on the exchange. This tool is especially attractive for traders who want to participate in the initial phase of project development, support startups and provide themselves with financial benefits.