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Binance launches new staking project Launchpool - ether.fi ETHFI, BNB has surged past 540

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Binance launches new staking project Launchpool - ether.fi ETHFI, BNB has surged past 540

Binance will open the BNB and FDUSD for ETHFI new coin mining at 8:00 AM on 3/14, where users can earn ether.fi (ETHFI) for a total of four days. ether.fi is currently the highest TVL project (Total Value Locked) in LRT (Liquidity Reinvestment Token) with a TVL of $2.288 billion as of press time.

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Binance will open the 49th phase of BNB and FDUSD deposit for ETHFI new coin mining at 8:00 AM on March 14th, where users can receive ether.fi ETHFI for a total of four days. Ether.fi is currently the highest TVL project for LRT with a value of $2.288 billion before the deadline.

  • Token Name: ether.fi (ETHFI)

  • Maximum Token Supply: 1,000,000,000 ETHFI

  • Initial Circulating Supply: 115,200,000 ETHFI (11.52% of the maximum token supply)

  • Total Mining Amount: 20,000,000 ETHFI (2% of the maximum token supply)

What is the story behind staking and restaking for ether.fi, Puffer Finance, and Kelp DAO?

Recently, Binance has continuously introduced Launchpool new coin mining, bringing strong momentum to BNB, which has reached $544 before the deadline.

BNB returns above 500 after two years, is Launchpool the driving force behind the resurgence?