π©·Airdrop Season 2
The distribution and eligibility for the ETHFI airdrop were designed to engage members of the ether.fi ecosystem and key stakeholders, encourage protocol productivity, contributions and growth.
15.5% of the total ETHFI token supply is allocated to User Airdrops, broken out by season below:
Season 1: 7% of ETHFI token supply.
Season 2: 5.8% of ETHFI token supply.
Season 3: 2.5% of ETHFI token supply
The eligibility for the ETHFI token airdrop has been determined by a user's contribution to the ether.fi development and growth over time. We also took into account protocols listed on DeFi section of ether.fi. Their continued participation and contributions to the success of the protocol will be recognized and play a part in their eligibility for Season 3.
Eligibility criteria
Users who withdrew their ETH or mostly withdrew their ETH, their Season 1 points wonβt earn them a Season 2 airdrop unless they stake additional ETH during Season 2
Participants will also be ineligible for the following:
Users with less than 150k points from staking activity (Points from badges do not qualify as staking activity)
Users who exited within 5 days of the end of season 2 (excluding Pendle)
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 with no active eETH/weETH balance in their wallet or no active weETH balance in partner protocols at date of snapshot
Additional top ups (not minimums) were granted to some of our most die-hard, yet small stakers
Frequently Asked Questions
Why did you choose a linear model rather than tiered? Tiered airdrops are quite easy to game and universally suffer from sybil attacks. For a staking protocol, especially one that integrates with DeFi partners across the ecosystem, a (mostly) linear airdrop is essential in order to respect holders of those DeFi positions
The airdrop is backwards-looking and the snapshot for eligible activity was taken on 06-30-2024 23:59 UTC.
We strongly advise our community members to exercise caution and be wary of potential scams. Always ensure any webpages related to ether.fi that you visit have the ether.fi domain. Ether.fi community moderators will never message you first or ask you for personal information.
Claim period will go live on July 17, 2024.
Note: Some users may follow a vesting schedule. Each claim period will end 90 days from start time.
Schedule:
Claim period 1: Immediately available for on live date
Claim periods 2-4 (only applicable for some users with a larger claimable amount of ETHFI:
Claim Period #2: Unlocks 30 days after live date
Claim Period #3: Unlocks 60 days after live date
Claim Period #4: Unlocks 90 days after live date
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