# Gearbox Frens (May 4-8)

Introducing StakingFrens with Gearbox! 

<figure><img src="/files/boRi15eX53g2xdK2QWwd" alt=""><figcaption></figcaption></figure>

## **Earn ETHFI plus $70k USD worth of GEAR rewards!**

Stake ETH while StakingFrens is on and earn ETHFI, from May 4 through May 8, 2024. Some conditions apply.&#x20;

## How it works

1. Stake ETH in ether.fi during the event. The more you stake, the more ETHFI + GEAR you earn.\
   Earn 1 ETHFI for every 1 ETH staked, per day, from May 4 00:01 UTC until May 8 23:59 UTC, 2024
2. Automatically accumulate ETHFI rewards while you stake!\
   You'll see this displayed in your Portfolio, along with a "StakingFrens" badge confirming your participation in the event. This may take \~60 minutes to display for some users. \
   \
   ![](/files/HvJQbq1E0NBmcKV7G5l1)![](/files/chqyGq3imf4eTXr6VsXd)<br>
3. At the end of the event, your ETHFI rewards plus allocation of the $70K USD worth of GEAR tokens will be automatically airdropped to you within \~10 days. No need to claim, no need to spend on gas. If you earn < 1 ETHFI, your amount earned will be automatically added to your Season 2 airdrop allocation!
4. **Existing stakers, we see you 👀**\
   For every ETHFI token earned during the StakingFrens event, ether.fi will match that amount to top up Season 2’s airdrop allocation for **all** S2 participants. \
   For example, if the total ETHFI awarded to people who staked during the event was 10,000, ether.fi would add 10,000 ETHFI tokens to the already planned 5% Season 2 airdrop allocation.

Stay tuned for more frens to come throughout Season 2!

## Conditions

* ETHFI and GEAR rewards are limited to the 100,000 ETH staked during the event
* GEAR rewards are limited to 4,268,292 GEAR tokens. \~$70K USD based on market value as of May 1, 2024
* ETHFI and GEAR tokens earned  by stakers within the May 4-8 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&#x20;


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