Ether.fi Season 2 Airdrop, Don't Miss It!
2024-07-08
Bittime - The Ether.fi Season 2 airdrop offers up to 150 ETHFI tokens for small stakers, working with Chaos Labs for verification. ETHFI plays an important role in governance with a total supply of 1 billion tokens and a TVL of over $5.6 billion.
Ether.fi Season 2 Airdrop
The Ether.fi Season 2 airdrop promises significant rewards, including up to 150 ETHFI tokens for small stakers. Ether.fi works with Chaos Labs to discover Sybil activity and suspicious behavior.
To maintain eligibility for additional rewards, users must verify their wallets to ensure that they are not members of the Sybil cluster. This requires verification within five days.
ETHFI Tokens Perform Important Governance Functions
The ETHFI token performs an important governance function as it complies with Ethereum's ERC-20 standard and has a maximum supply of 1 billion. Holders have the ability to participate in the DAO decision-making process by influencing funding allocation, protocol parameters, and various other factors.
ETHFI Supply Reaches 115.2 Million Tokens
ETHFI's supply at launch reached 115.2 million tokens, which is 11.52% of the total supply, with 6% allocated for the Season 1 airdrop and the remainder used for ether.fi ecosystem development initiatives.
The first season airdrop welcomed a variety of participants, such as early adopters, NFT holders, staking participants, and liquidity providers for eETH and weETH tokens. The second season airdrop will give away an additional 5% of the ETHFI token stock.
ether.fi Becomes the Largest Protocol
ether.fi has a TVL of more than $5.6 billion, making it the largest liquid staking protocol, beating competitors such as Puffer Finance and Renzo, according to DefiLlama data.
The project received a $27 million Series A funding round earlier this year, underscoring its growth trajectory and institutional support.
Conclusion
The second season of the Ether.fi airdrop offers an excellent opportunity for users to earn ETHFI tokens; there is a bonus of 150 tokens for small stakeholders. Ether.fi and Chaos Labs work together to verify wallets within five days to ensure that airdrop recipients are not included in the Sybil cluster.
With an initial launch of 115.2 million tokens and a maximum supply of 1 billion, ETHFI tokens play an important role in governance.
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