ether.fi (ETHFI), which is currently on Binance Launchpool where users can earn by staking BNB and FDUSD and will be launched on Binance shortly, also announced that it will implement an airdrop program.
Ether.fi announced that it will launch its Decentralized Autonomous Organization (DAO) on March 18, 2024.
According to the official statement, the ETHFI token will offer its holders the opportunity to participate in important decisions, including the Ether.fi Grant Program, protocol economic parameters, software developer participant permissions and token staking.
Along with the DAO launch, Ether.fi will also implement an airdrop program. The airdrop request window will open on March 18, 2024 at 15:00. Eligible airdrop participants will be able to claim ETHFI tokens for 90 days starting from the Token Creation Date. Eligibility can be checked on the Ether.fi request page.
Eligibility for the airdrop was determined based on the following criteria:
- Participation in the Early Application Program
- Owning an ether.fan NFT
- Becoming a solo staker on the platform
- hold eETH or weETH
- Holding a position in a participating eETH or weETH DeFi pool or vault
- Unlocking one or more Ether.fi badges
- Referring one or more friends to Ether.fi
The airdrop is retroactive, and the snapshot for the appropriate event was taken on March 15, 2024, at 03:01 Turkish time, which according to the statement marks the end of season 1 and the beginning of season 2 for the altcoin.
The ETHFI airdrop consists of two seasons. Season 1 will distribute 6% of the entire token supply, while Season 2 will distribute 5% of the token supply. Users will have 90 days to submit a claim on the Ether.fi claim page. Unclaimed ETHFI tokens will be added to season 2.
*This is not investment advice.