Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | Season 1: 6% of total supply (60,000,000 ETHFI) Season 2: 5% of total supply (50,000,000 ETHFI) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | March 15, 2024, 0:01 UTC |
| Claiming Started | March 18, 2024, 8:00 AM EST |
| Claiming Ends | June 16, 2024, 8:00 AM EST |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Eligibility for the ETHFI token airdrop has been determined based on a user’s contribution to ether.fi’s development and growth over time. The criteria include:
- Participation in the Early Adopter Program
- Ownership of an Ether.Fan NFT
- Solo staking activities
- Holding eETH or weETH tokens
- Positions in participating eETH or weETH DeFi pools or vaults
- Unlocking one or more ether.fi badges
- Referring one or more friends to ether.fi
- Pendle YT Points Contribution: Users who have contributed through Pendle yield token (YT) points are also included in the eligibility criteria.
The airdrop is retrospective, with the snapshot for eligible activity taken on March 15, 2024, at 0:01 UTC, marking the end of Season 1 and the start of Season 2.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Official Announcement: Announcing ETHFI: The ether.fi Governance Token
- Twitter Announcement: Etherfi Twitter
Additional Information
- Token Supply: The ETHFI token has a fixed supply of 1,000,000,000 tokens, with no further issuance planned.
- Initial Circulating Supply: 115,200,000 ETHFI (11.52% of the total supply).
- Token Utility: ETHFI serves as the governance token for ether.fi, enabling holders to participate in key decisions such as protocol upgrades, fee structures, and treasury management. Additionally, holding ETHFI can improve a user’s StakeRank, potentially leading to further benefits within the ecosystem.
- Claiming Process: Eligible users can claim their tokens at claim.ether.fi starting March 18, 2024, with a 90-day window to complete the claim. Whale wallets have a 3-month vesting period, while others can claim their tokens instantly. Unclaimed tokens after the claim period will be added to the Season 2 airdrop.