> For the complete documentation index, see [llms.txt](https://etherfi.gitbook.io/etherfi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://etherfi.gitbook.io/etherfi/events/events/previous-seasons/season-3/s3-king-karak-perks.md).

# S3: King Karak Perks

Introducing Perks with King Karak LRT!

<figure><img src="https://1029745181-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FG3Lk76lfvw9ecPIg0mK8%2Fuploads%2FpXe8ZRwQ5SM2PWz4uM9f%2Fimage.png?alt=media&amp;token=9426d791-ca11-472b-be62-5e71524239b2" alt=""><figcaption></figcaption></figure>

## 200K ETHFI Perks this week with King Karak

Deposit in Liquid King Karak LRT July 7 through July 14 and earn ETHFI! Some conditions apply.

## How it works

1. Deposit any accepted token into the Liquid King Karak LRT vault during the event. The more you deposit, the more ETHFI you earn. From July 7 00:01 UTC until July 14 23:59 UTC, 2024
2. The formula to distribute ETHFI tokens = 200,000 ETHFI / $Amount deposited
3. At the end of the event, your ETHFI rewards will be automatically airdropped to you within \~20 days. No need to claim, no need to spend on gas.

## Conditions <a href="#conditions" id="conditions"></a>

* 200,000 ETHFI will be distributed to the total amount deposited. The total amount deposited will determine how many ETHFI each individual will receive, what is fixed is the amount of ETHFI that will be will distributed.
* ETHFI tokens earned by new depositors within the July 7-14 event period
* Any attempt to exploit loopholes or manipulate the rules to game the system will result in disqualification for this promotion and all of your points on all accounts will be removed


---

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