Ether.Fi Strikes $500M Restaking Deal with Redstone Oracles, Bolstering DeFi Ecosystem
By Mayowa Adebajo
April 12th, 2024
Redstone Oracles is not the first AVS to strike such a deal with Ether.Fi.
$3.66
1H
-3.05%$0.1151
24H
-6.98%$0.2746
7D
3.09%$0.1097
30D
-36.6%$2.12
Redstone Oracles is not the first AVS to strike such a deal with Ether.Fi.
ETHFI has a maximum supply capped at one billion tokens, with 20 million tokens allocated to the Binance Launchpad and 60 million tokens reserved for ‘season one’ of the token airdrop.
The ether.fi staking protocol’s native utility and governance token, ETHFI, will begin trading on Binance from Monday, March 18.
Ether.fi has now raised a total of $27 million in a previously unannounced funding round closed late last year and a series A led by Bullish Capital and CoinFund.