ETHFi DAO Proposes Ethereum Staking Contract for ETHFI

IconCryptoNewsTerminal Staff02 Jul, 2024

cryptonews.jpg

ETHFi DAO Proposes Ethereum Staking Contract for ETHFI

The Ethereum liquidity staking platform, ETHFi DAO, has proposed a new idea to the ETHFi community to deploy an ETHFI staking contract on the Ethereum mainnet. After deploying the contract, users will be able to stake ETHFI on the Ethereum mainnet, and earn rewards from it. The voting period will last for 5 days. ETHFi is a decentralized autonomous organization (DAO) that governs the ETHFi protocol. The protocol allows users to stake their ETH in a liquidity pool, and earn rewards from it. The ETHFi staking contract will allow users to stake their ETHFI on the Ethereum mainnet, and earn rewards from it. The proposal is currently in the voting phase. The voting period will last for 5 days. If the proposal is approved, the ETHFi staking contract will be deployed on the Ethereum mainnet. This is a significant development for the ETHFi ecosystem. It will allow users to stake their ETHFI on the Ethereum mainnet, and earn rewards from it. This will help to increase the liquidity of ETHFI, and make it more attractive to investors.

Related News