OKX, a leading cryptocurrency exchange platform, has announced plans to list ether.fi ($ETHFI) on spot trading markets, marking a significant development in the crypto space.
OKX Announces to List Ether.Fi ($ETHFI) for Spot Trading
The listing of $ETHFI brings a new dimension to the platform's offerings and opens up opportunities for traders and enthusiasts alike.
According to the announcement made by OKX, the listing of $ETHFI will follow a structured schedule to ensure a seamless trading experience for users. The program is as follows:
$ETHFI Deposit Opening: It will start at 06:00 Turkey time on March 15, 2024.
$ETHFI/USDT Spot Trading Launch: Scheduled on March 18, 2024 at 15:10.
$ETHFI Withdrawal Opening: Will start at 13:00 on March 19, 2024.
Ether.Fi, the protocol behind $ETHFI, is a new staking platform designed specifically for Ethereum.
In particular, deposits made to Ether.Fi are automatically re-staking with Eigenlayer, a system that reuses staked $ETH to power external systems such as rollups and Oracles, thus improving the economic security layer.
This process provides higher returns for $ETH stakers. In exchange for their deposits, users receive eETH, a liquid staking token that can be used across various decentralized finance (DeFi) protocols. $ETHFI serves as the governance token of Ether.Fi.
The basic details about ether.fi ($ETHFI) are as follows:
Entity Name: ether.fi
Ticker: $ETHFI
Maximum Supply: 1,000,000,000
Contract Address: 0xFe0c30065B384F05761f15d0CC899D4F9F9Cc0eB
*This is not investment advice.