ETHYS the Ethereum Yield Ecosystem Token Listed on Uniswap Today.

For those who don't have minimum 32 ETH to spare for staking in ETH 2.0, there are several options emerging with time. Centralized Exchanges are among the first to lure smaller investors with varied choices.

Many projects are coming up with innovative reward structure with Ethereum 2.0 staking & validation rewards at their core. Today community-controlled Ethereum Yield Ecosystem's ETHYS token got listed on Uniswap with over $2 million in daily volume and over half a million in liquidity.

The staking coin Ehtereum Stake (ETHYS) is actually the sister coin of yield farming token ETHY. However, ETHYS is focused on staking and help users to better reap the benefits of Ethereum 2.0.

Both ETHY & ETHYS have interesting tokenomics structure. ETHYS incorporates non-inflation mechanics for price protection with a max total supply of 500K. Like ETHY, ETHYS too have Weak Hand Tax of up to 10% on every transaction to discourage impulsive selling by weak hands though ETHY has upto 25.5% transaction tax. These fee is distributed to holders and farmers.

ETHYS is currently trading at only $10. This price is slightly lower than the second phase of ETHYS' pre-sale when it was selling @50 ETHYS per ETH until yesterday. So if you have not purchased it in Pre-sale, you have still not missed it.

It looks like ETHYS enjoy a good support from Binance as CMC has devoted a long text wall describing the project even before it was listed anywhere. IMHO, this is giving some exceptional treatment to this project by passing general listing rules. ETHY already supports Binance chain and ETHYS will also be supporting Binance Chain soon. So this may be the case perhaps, I dunno!

But going by the market reception and project fundamentals, I'm inclined to think that this project is quite good to keep an eye. I don't have enough liquidity to dive into this one but I like to keep track of whatever is going in the Ethereum ecosystem at this stage. So I just wanted to share this with you too :)