Ether.fi, the largest liquid restaking protocol on Ethereum, has announced plans for an upcoming governance token airdrop.
The token named ETHFI will have a total supply of 1 billion tokens, with an initial circulating supply of 115.2 million tokens. The first stage of the airdrop, dubbed Season 1, will release 6% of the total token supply and cover Until March 15th, Season 2 will release 5% of the remaining tokens. and covers from March 15 to a future date that has not yet been specified. The remaining tokens will be divided between investors, partners, and backers. and a library of protocols according toDistribute tokensof the protocol
Ether.fi providesMany different criteriaEligibility for the Airdrop includes holding eETH, referring a friend to a research project, or participating in the Whale Wallet Early Adopter program, and will require a 3-month wait to claim the token. Meanwhile, smaller wallets will be available to claim immediately, according to Ether.fi’s announcement.
After the announcement Community members noticed that TRON founder Justin Sun apparently received nearly 3.5 million tokens from the initial allocation of 60 million tokens after depositing 20,000 eth. two days agoAs blockchain data shows
After widespread complaints among Ether.fi community members, Ether.Fi founder Mike Silagadze announced on Discord that additional tokens would be distributed to community members. Silagadze also defended Sun’s allocation. By writing that “Just because someone comes in with a large deposit doesn’t mean we’re going to change the rules for them. We appreciate Justin’s support and will respect the campaign rules we have set in place.”
refer : theblock.co
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