💎Season 3: Diamond Campaign
Last updated
Last updated
We are adding more ETHFI rewards to Season 3. In addition to the 25M ETHFI that will be distributed to all eligible Season 3 participants, users can earn more ETHFI from the Diamond Campaign!
Diamond Campaign runs from Monday, July 29th 00:01 UTC until September 14, 2024
Stakers receive 0.1 ETHFI per day per new ETH staked during the Diamond Campaign
Existing stakers earn too! An equal amount of ETHFI will be matched to award all existing stakers, with a minimum of 1 million ETHFI being added
Season 1 and Season 2 Perks Passport boosts will be applied, all other Perks Passport boosts are null
Referrals program is upgraded
Bonus rewards: When ETH is staked during the Diamond Campaign, 0.1 ETHFI per day per ETH will be awarded to the staker. An equal amount will be matched for all existing stakers, adding it on top of the 25 million ETHFI that will be distributed to all eligible Season 3 participants! A minimum of 1 million ETHFI will be added to existing stakers at the end of Season 3. No further action is required for existing stakers to receive the additional rewards. The Season 3 rewards allocation will increase proportionally to that of new deposits.
Forfeited tokens–their loss, your gain: Any Diamond Campaign participants who fully unstake their ETH before the end of the campaign will forfeit their ETHFI. Partial withdrawals will not result in forfeiture but will impact the amount of ETHFI earned. The forfeited tokens will be allocated to existing stakers.
Referral program is getting an upgrade: get 10,000 points per 0.1 ETH staked. You can now refer friends across L2 networks!
DeFi boosts: Loyalty points boosts will continue to be granted to stakers for participating across ether.fi's ecosystem of DeFi partners, refer to the Portfolio page for up to date boosts
Community badges: Community badges are now even more rewarding! Go and check them out in your Portfolio tab.
Loyalty points will continue to accrue at the same rate as they did in Season 2. To make it easier see points between seasons, users will be able to view their Season 3 points vs all loyalty points within the Portfolio tab, under their loyalty points breakdown. Total loyalty points will continue to display as a sum of all points earned across seasons
All eETH and weETH, whether held or in DeFi positions, including Liquid, will be treated the same for Season 3 loyalty points
Participants may be ineligible for the following reasons:
Users with less than 150,000 loyalty points
Withdrawing 95% or more of your Ether.fi position. For example, if you had 1 ETH staked and withdrew 0.94 ETH (94%), you'd still qualify. However, withdrawing 0.95 ETH or more would disqualify you.
Users who would have gotten less than 3 ETHFI
Users with no active eETH/weETH balance in their wallet or no active weETH balance in partner protocols at date of snapshot
Users who exited within 5 days of the end of Season 3 (excluding Pendle maturity)
Users with wallets that are part of a known sanctioned list
Users who have actively been caught as sybils or attempting to manipulate the protocol or events to game the system
Users who are linked to on-chain scams such as pinkdrainer
Users who were part of the Early Adopters Program (EAP), but still did not transition out of the EAP
Users who got nearly all of their points from badges, as opposed to staking
Any attempt to exploit loopholes or manipulate the rules to game the system will result in disqualification of any Season 3 rewards, all your points on all accounts will be removed.
What is considered eligible "staking" for the Diamond Campaign?
Staking ETH or stETH through the ether.fi app on Ethereum mainnet
Staking ETH through the ether.fi app on any of the L2 networks options available there
Depositing WETH (not weETH or eETH) into a Liquid vault.
Note: New staked ETH that is then used as eETH or weETH can then be deposited into a Liquid vault or DeFi integrated protocols and still be counted towards the Diamond Campaign
What happened to Perks Passport?
We heard from our community that they were too complicated and not rewarding enough for our members. This has now been removed and replaced with the Diamond Campaign. There will still be two boosts applied - Season 1 and Season 2 participant badges. Thanks everyone for your feedback!
Do loyalty points still play a part in Season 3?
Yes! Your loyalty points will continue to be one of the core ways your protocol activity will be measured, just like they were in Season 1 and 2
Do I still get boosts on my loyalty points?
Yes! See our DeFi partners list for specific loyalty points boosts https://app.ether.fi/defi
If users only stake on Ether.fan, are they still eligible for Season 3?
Yes, as long as they do so through Season 3
I’m in a few DeFi protocols that aren’t currently being tracked, are the points for those going to be granted retroactively?
Yes, so long as they are on the Portfolio page in "Retro"
I have a lot of points from Season 1 and Season 2. Will they be counted in Season 3?
Stakers from Season 1 and Season 2 will receive a boost on their Season 3 points. Historical points will be maintained in your portfolio, only points earned in Season 3 will count for Season 3.
Season 3 rules and conditions are subject to change.
