Ether.Fi (ETHFI)

IEO

Last updated: Mar 18, 2024

Ether.Fi is a decentralized and non-custodial liquid staking platform. Ether.Fi aims to build a decentralized non-custodial staking solution. The protocol allows stakers to retain control of their keys while delegating validator operation to a node operator.

Funding Round: $5.3 Million

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Overview

Project industry	Finance Services & Banking
Product type	DeFi
Whitepaper	Open

What is Ether.Fi

ether.fi is a decentralized, non-custodial delegated staking protocol with a Liquid Staking Derivative token. One of the distinguishing characteristics of ether.fi is that stakers control their keys. The ether.fi mechanism also allows for the creation of a node services marketplace where stakers and node operators can enroll nodes to provide infrastructure services and the revenue from these services is shared with stakers and node operators.

We take our ethics seriously and want the community to hold us accountable for living up to the following:

Decentralization is a primary objective. We will never compromise on the non-custodial and decentralized nature of the protocol. Stakers must maintain control of their ETH.

The ether.fi protocol is a real business with a sustainable revenue model. We’re in this for the long haul. We think and plan on the scale of decades. No ponzinomics f*ckery.

We will do the right thing for the Ethereum community, always. If and when we mess up, we will own it and course correct quickly.

Details

IEO (Binance Launchpad): Mar 14, 2024 - Mar 17, 2024
Token supply: 1,000,000,000 ETHFI
Total tokens for sale: 20,000,000 ETHFI
Raised: 32,300,000 USD

Legal

Registration country: Cayman Islands
Registration year: 2023

Office address: Strathvale House, 4th Floor, 90 North Church Street George Town, Grand Cayman, Cayman Islands, KY1 9012

Token info

Ticker: ETHFI
Type: Utility-token
Token distribution:
Binance Launchpool - 2.00%
Airdrop - 11.00%
Investors & Advisors - 32.50%
Team - 23.26%
Protocol Guild - 1.00%
DAO Treasury - 27.24%
Liquidity - 3.00%