- The Ether.fi Season 2 airdrop claim checker, which will provide tiny stakers access to up to 150 ETHFI, has been postponed until July 6.
- ether.fi, in collaboration with Chaos Labs, introduces wallet validation to stop Sybil activities.
The ether.fi Foundation has released changes for the airdrop claim checker for ether.fi Season 2.
Notably, the initially planned launch date for the claim checker has been rescheduled for Saturday, July 6, Eastern Time. The purpose of this delay is to guarantee smooth performance and integration.
Significant benefits are promised by the Ether.fi Season 2 airdrop, including up to 150 ETHFI tokens for small stakers. ether.fi is putting mechanisms in place to identify suspicious activities and Sybil activity in conjunction with Chaos Labs. Within five days, users must authenticate their wallets to ensure they are not a part of Sybil clusters in order to continue being eligible for the higher incentives.
The main function of ETHFI tokens, which are limited to a billion units and adhere to Ethereum’s ERC-20 standard, is governance. Holders have the ability to influence protocol parameters, funding distributions, and other decisions made by the DAO.
115.2 million ETHFI tokens were in circulation at launch, making approximately 11.52% of the total supply. Remarkably, just 6% of these tokens were distributed during the airdrop for Season 1, with the remaining tokens going toward ether.fi’s ecosystem development projects.
The first season’s airdrop served a wide range of users, such as early adopters, holders of NFTs, staking enthusiasts, and suppliers of eETH and weETH token liquidity. An additional 5% of the total ETHFI token supply will be distributed in Season 2.
DefiLlama data indicates that ether.fi has a TVL of more than $5.6 billion, which puts it ahead of rivals like Puffer Finance and Renzo as the largest liquid staking protocol. The project’s $27 million Series A fundraising round earlier this year demonstrated both its institutional support and growth trajectory.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
