ether.fi (ETHFI) on Binance Launchpool announced
Binance Launchpool has been doing great for quite some time as they are listing projects one after another. I'm a big fan of such projects coming on the launch pool because this is a good earning opportunity and since last few projects I can see that the new token price is quite good in the market. I do participate because I believe it is one of the best way to be part of farming and earn some free tokens without risk. You heard it right that there is no risk because I get my same tokens back in the same form and quantity so there is no loss.
This is the 49th project on Binance Launchpool and its called ether.fi (ETHFI). Its a staking protocol where we can stake using non-custodial wallets. It's driving more towards decentralisation and I think it's good because the community is also trying to prefer the use of non-centralised or you can call it decentralised applications through the non-custodial wallets. As of now, this project has been announced and the page will go live in approximately 1 day because the farming will start from 14th March and today it's the 12th March however in just half an hour they will be over as per IST.
ether.fi (ETHFI), a decentralized, non-custodial delegated staking protocol.
Like before two coins will be supported and these are BNB and FDUSD with a ratio of 80 and 20. This means the 80% of new tokens will be distributed to the BNB pool and 20% will be distributed to the FDUSD pool.
I have already provided the official announcement post that you can go through for more details and if you are holding the accepted token in the exchange wallet then I think it is a great opportunity for you to earn some free tokens. The farming is not going to be a long-term because the token listing is announced for the 18th of March which means it is going to be for four days. These days the exchange has reduced the farming period I observed.
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Great news indeed, nice to see that Etherfi is now on binance launchpool.
I think Ether.fi will generate a lot of hype for this coin. Recently Binance has some strong projects coming, but some projects have already been launched such as STRK,
I think you are a good writer. You keep giving us something good every day. Thank you. Good luck for you.
Launchpool is quite profitable if it participates with a large amount otherwise it has to face some loss. Anyway thank you for sharing about this.
very cool guys, I am also one of those people who use binance, but I have never used launchpool, in fact I don't know how to use it, thank you for sharing something important to me.