Ether.Fi to Launch ETHFI Token on Binance with $2.3B in Liquid Staking Protocol Rewards
• Ether.Fi, a major "liquid restaking protocol", will release its ETHFI token on Binance Launchpool starting March 14 • Users can stake BNB and FDUSD to earn ETHFI tokens over 4 days before ETHFI lists on Binance exchange March 18 • There will be a max supply of 1 billion ETHFI tokens, with 20 million (2% of max supply) available in Launchpool rewards • Ether.Fi has $2.3 billion in total value locked, making it the largest liquid staking protocol • Liquid staking protocols allow staked Ether to be reused to secure other networks, providing extra yield