What is ether.fi (ETHFI)

1. Project Introduction
Ether.fi is a non-custodial liquidity staking protocol that allows stakers to maintain control over their private keys, thereby ensuring the security and autonomy of their assets. Users stake ETH to receive eETH, which the project restakes on Eigenlayer, so that users can earn Ethereum staking rewards, Eigenlayer points, and ether.fi project points.
Summary: Ether.fi helps users maximize staking and restaking returns while maintaining the composability of DeFi applications. The project team believes that decentralized, non-custodial staking is an essential foundational advantage of Ethereum. Ether.fi is a leader in the restaking field, with over 2 million ETH currently staked.
2. Team & Investment Info
Mike Silagadze: Founder and CEO, also CEO of Gadze Finance, founder of educational software Top Hat, venture partner at Ripple Ventures, and former developer at Miovision Technologies; he studied electrical engineering at the University of Waterloo.
Rok Kopp: Co-founder and Chief Growth Officer, former limited partner at GTMfund, Chief Revenue Officer at Obsidian HR, Chief Revenue Officer at Apto, and Vice President of Enterprise Sales at Top Hat.
Funding: 1) In February 2023, ether.fi raised $5.3 million, co-led by North Island Ventures, Chapter One, and Node Capital with participation from BitMex founder Arthur Hayes and others. 2) On February 28, 2023, ether.fi announced that it had raised $27 million in a series A round led by Bullish Capital and CoinFund with contributions from Foresight Ventures, OKX Ventures, Consensys, Amber, and others. Over 95 investors supported this round.
3. Social Media URLs
X: https://x.com/ether_fi
Telegram: https://t.me/+C3fpSjmPqzA5NTVh
Discord: https://discord.com/invite/zqGzcuQWvD
4. Token Info
Token Symbol: ETHFI
Total Supply: 1,000,000,000
Token Type: ETH
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xFe0c30065B384F05761f15d0CC899D4F9F9Cc0eB
Token Distribution: Investors: 32.5%, 0% unlocked at TGE, 12 months cliff, 12 months linear unlock
Contributors: 23.3%, 0% unlocked at TGE, 12 months cliff, 24 months linear unlock
Airdrop Season 1: 6%, 100% unlocked at TGE
Airdrop Season 2: 5.8%, 0% unlocked at TGE, 4 months cliff
Liquidity: 3%, 100% unlocked at TGE
Binance Launchpool: 2%, 100% unlocked at TGE
5. Related Links
Official Website: https://www.ether.fi/
White Paper: https://etherfi.gitbook.io/etherfi/ether.fi-whitepaper/introduction
Other Info: https://medium.com/etherfi
https://governance.ether.fi/
https://github.com/etherfi-protocol

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.