Ether.fi Airdrop Will Be Officially Launched Today

Key Points:

• Ether.fi launches an ETHFI token airdrop for governance participation.
• Distribution includes allocations for development, budget, investors, partners, and airdrops.
• Eligibility for the ether.fi airdrop requires users to have until June 18 to claim Season 1 airdrop.

Ether.fi, a non-custodial liquidity staking protocol, has announced the launch of its first airdrop on March 18.

Ether.fi Airdrop Will Be Launched Today

The ether.fi airdrop introduces the ETHFI token, an ERC-20 standard token with governance functionality, empowering holders to engage in decision-making within the project’s DAO organization.

With a maximum total supply of 1 billion tokens, ETHFI allocation includes 23.26% for the development team, 27.24% for the budget fund, 32.5% for investors, 6% for partners, and 11% for ether.fi airdrops.

The Season 1 airdrop targets various participants, including early adopters, NFT holders, protocol stakers, liquidity providers, badge holders, and project advocates.

In the first quarter, 68 million tokens were issued, constituting 6.8% of the total supply. Following community feedback, an additional 12 million tokens were allocated, favoring small stakes. Token distribution primarily benefits small stakeholders, reflecting the project’s commitment to inclusivity.

Deadline Set for Season 1 Airdrop Claiming

Eligibility for the ether.fi airdrop requires users to accrue over 1,000 points through staking activities. Unclaimed funds from the airdrop will roll over to Season 2, utilizing reward points for participation calculation. Season 2 anticipates distributing an additional 5% of the total ETHFI token supply, with details forthcoming.

Qualified users may claim the airdrop from March 18 to June 18, emphasizing inclusivity and community engagement within the ether.fi ecosystem.

Ether.fi is a new staking platform for the ETH cryptocurrency. On this platform, users can stake their coins to support node operators and receive rewards. The special thing is that every time you bet, you will receive a unique NFT.