| General information | |
|---|---|
| Global rank: | 161 |
| Name: |
ether.fi |
| Symbol: | ETHFI |
| Current coin price (PHP): | 103.03 ₱ |
| Last hour: | arrow_upward1.02 % |
| Last 24 hours: | arrow_upward3.94 % |
| Last 7 days: | 21.89 %trending_up |
| Capitalisation (PHP): | 19 581 846 434.91 ₱ |
| Volume 24h (PHP): | 7 769 272 218.56 ₱ |
| Available supply: | 190 051 505.00 ETHFI |
| Total coin supply: | -1 ETHFI |
| Start date: | 2024-02-23 |
ether.fi/Philippine Peso (ETHFI/PHP) price chart
ether.fi/Philippine Peso (ETHFI/PHP) capitalisation and volume charts
Ether.Fi is a blockchain initiative categorised under liquid restaking protocols, leveraging Ethereum's proof-of-stake blockchain for the security of other networks and protocols. It is among the newer additions to the blockchain sector, focusing on utilising Ethereum's staking mechanisms more efficiently.
Ether.Fi's application revolves around liquid restaking protocols, intending to repurpose Ethereum's staking process for securing additional networks and protocols. The approach aims to enhance Ethereum's proof-of-stake infrastructure's utility, facilitating staking and reward mechanisms in the DeFi space.
The creation of Ether.Fi was led by CEO Mike Silagadze, with the project gaining visibility through its offering on Binance Launchpool. This platform allows users to stake crypto assets to farm new tokens such as ETHFI, contributing to its development and engagement within the blockchain community.