Ether.fi Season 2 Airdrop Claim Will Be Postponed to July 6

Key Points:

• Ether.fi Season 2 airdrop claim checker will be delayed to July 6, offering up to 150 ETHFI for small stakers.
• Partnering with Chaos Labs, ether.fi introduces wallet validation to prevent Sybil activity.

The ether.fi Foundation has unveiled updates regarding ether.fi Season 2 airdrop claim checker.

Read More: ether.fi Review: What Makes The 49th Listing Project On Binance Launchpool Unique?

ether.fi Season 2 Airdrop Claim Takes Place on July 6

Notably, the claim checker, originally scheduled, will now launch on Saturday, July 6, Eastern Time. This delay aims to ensure seamless integration and functionality.

Ether.fi Season 2 airdrop promises significant rewards, including up to 150 ETHFI tokens for small stakers. In collaboration with Chaos Labs, ether.fi is implementing measures to detect Sybil activity and suspicious behaviors. Users must validate their wallets to confirm they are not part of Sybil clusters to maintain eligibility for the additional rewards, which must be verified within 5 days.

ETHFI tokens, compliant with Ethereum’s ERC-20 standard and with a maximum supply capped at 1 billion, serve a primary governance role. Holders can participate in the DAO’s decision-making processes, influencing funding allocations, protocol parameters, and more.

ETHFI Governance and Project Growth Updates

At launch, ETHFI’s circulating supply stands at 115.2 million tokens, constituting 11.52% of the total supply. Notably, 6% of these tokens were allocated during Season 1’s airdrop, with the remainder earmarked for ether.fi’s ecosystem development initiatives.

Season 1’s airdrop catered to diverse participants, including early adopters, NFT holders, staking participants, and liquidity providers for eETH and weETH tokens. Season 2 will distribute an additional 5% of the total ETHFI token supply.

According to DefiLlama data, ether.fi boasts a TVL exceeding $5.6 billion, making it the largest liquid staking protocol ahead of competitors like Puffer Finance and Renzo. Earlier this year, the project secured a $27 million Series A funding round, underscoring its growth trajectory and institutional support.