OKX will launch ETHFI spot trading on March 18 at 20:10 (HKT), and deposits are now open

ChainCatcher news, according to the official announcement, OKX will launch the ETHFI/USDT spot trading pair on March 18 at 20:10 (HKT), and deposits are now open. Withdrawals will be available on March 19 at 18:00 (HKT).

It is reported that Ether.Fi is a new staking protocol for Ethereum. The deposits of Ether.Fi will be re-staked through Eigenlayer. Eigenlayer reuses staked ETH to support external systems (such as Rollups and oracles) through an economic security layer, thereby increasing the returns for ETH stakers in the process. Stakers will receive eETH, a liquid staking token that can be used across DeFi protocols. ETHFI is the governance token of Ether.Fi.