ETHFI coin is the shining star of the Ethereum network. As a newcomer in the pledge sector, it has attracted the attention of investors in the currency circle since its launch. The ETHFI project aims to use Ethereum’s proof-of-stake blockchain to protect other networks. and protocols, quickly becoming one of the most sought-after project types in the crypto space.
ETHFI coin price today
＄6.3 ≈ ¥45.27
##How much is the ETHFI coin issued?
According to official data, the issuance of ETHFI coins is 1 billion. ETHFI is the original utility and governance token of the Ether.Fi protocol. Ether.Fi is a decentralized, non-custodial delegation protocol with liquid placement tokens. One of the distinguishing features of ether.fi is that subscribers have control over their own keys. The Ether.Fi mechanism also allows for the creation of a node services market where contractors and node operators can register nodes to provide infrastructure services.
Ether.Fi is a decentralized, non-custodial liquidity staking platform that allows users to maintain control of their keys while delegating staking to node operators and receiving rewards. Ethereum stakers using EtherFi are also granted NET provers per validator. These NFTs allow for the storage of metadata that developers can leverage to build further staking infrastructure. The free validator delegation point on the platform provides a low-cost service without strict minimum delegation requirements. Users can use EtherFi to take steps to build a staking infrastructure while earning rewards. The platform also allows users to maintain control of their keys while delegating delegated pledges to node operators and receiving rewards, ensuring secure control over their delegated funds.
The launch of ETHFi is not only a technical milestone, but also a testament to Ether.Fi’s commitment to community empowerment. By involving token holders in governance, Ether.Fi is setting a new standard for user participation in the direction and policy development of the protocol. This move ensures that Ether.Fi’s future is shaped by those most invested in its success.
#Is ETHFI currency worth holding for the long term?
According to official data, the current price of ETHFI currency is US$6.2, down from the historical high price of US$33.99. The current market value is US$2.433 billion, and ETHFI currency still has certain investment value.
Building on the launch of ETHFi, the Ether.Fi ecosystem is ready for its growth and innovation. Governance tokens not only provide a direct mechanism for community participation, but also lay the foundation for significant developments in protocol upgrades, economic parameters and the overall vision of Ether.Fi.
The ETHFI token is at the core of the Ether.Fi governance model, enabling token holders to influence key decisions and contribute to the long-term success of the protocol. From grant programs aimed at ecosystem growth to decisions on protocol fees and upgrades, ETHFI holders play a key role in shaping the future of Ether.Fi.
Overall, as a derivative product in the LSD track, Ether.Fi’s design in key management is innovative. It has already completed good early TVL accumulation and capital institutional support, and its subsequent development is worth looking forward to.
Recommended exchanges for listing ETHFI coins
1. Binance binance
Binance (Binance) exchange is a global The cryptocurrency exchange serves 180 countries and regions including North America, Europe, Taiwan, the Middle East, Hong Kong, and Malaysia, provides more than 600 cryptocurrencies, and has 120 million registered users worldwide. Since 2018, Binance has been considered the world’s largest cryptocurrency exchange in terms of trading volume, with a 24-hour trading volume of US$76 billion.
Inventory: Founder Zhao Changpeng and his old employer Okcoin have been having constant disputes. They were not optimistic at first, but later they found that the performance of the platform was quite impressive!
2. Ouyi okx
OKX is the world's top two virtual currency trading and Web3 platform, providing Bitcoin (BTC), Ethereum (ETH), USDT, Shiba Inu (SHIB), Ripple XRP, Dogecoin (Doge), etc. to global users. Cryptocurrency and derivatives trading services for virtual currency assets, allowing you to conveniently and quickly manage investments in cryptocurrencies and other assets.
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3.Huobi.com
Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. Currently, It provides trading and investment services in more than 40 types of digital assets. It is headquartered in Singapore and is operated by the Huobi Global Professional Station team. Huobi Group is a globally competitive and influential comprehensive digital asset service provider, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions. Huobi Group is in a leading position in the world in terms of technology platform, product lines, security risk control system, operation and customer service system.
Inventory: It has set the highest record for global Bitcoin trading platforms and is one of the largest Bitcoin trading platforms in the world.
4.Open Sesame gate.io
Gate.io was established in April 2013 with the Chinese name "Open Sesame". It was formerly known as China's "Biter" exchange. The founder is a technology Dr. Han Lin, who was born. The original intention of Gate.io was to "find a safe trading place for everyone who believes in Bitcoin". This idea has been implemented in the development of Gate.io. After the tightening of regulatory policies in 9.4, Gate.io left China and has been developing overseas. Recently, it has also entered Southeast Asian markets such as Taiwan, Malaysia, Indonesia, Singapore, and South Korea. Gate.io is currently headquartered in the British Cayman Islands and provides fiat, spot and derivatives trading of cryptocurrencies to more than 4 million users from more than 130 countries. The official claims to provide 100% margin audit proof, authentic and transparent crypto asset trading services.
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