According to the official announcement from OKX, it will soon launch ether.fi (ETHFI). OKX will open ETHFI deposits on March 15th at 2:00 PM (UTC+8) and enable ETHFI/USDT trading on March 18th at 8:10 PM (UTC+8). ETHFI withdrawals will be available on March 19th at 6:00 PM (UTC+8).
Ether.Fi is a new staking protocol on the Ethereum network. Deposits made to Ether.Fi will be re-staked through Eigenlayer. Eigenlayer utilizes the staked ETH to support external systems, such as Rollups and oracles, through an economic security layer, thus increasing the rewards for ETH stakers. Stakers will receive eETH, a liquid staking token that can be used across various DeFi protocols. ETHFI is the governance token of Ether.Fi.
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