Ether.fi announces airdrop, will adjust token allocation following community complaints | Headlines | News | CoinMarketCap

03/17/2024 02:17
Ether.fi announces airdrop, will adjust token allocation following community complaints | Headlines | News | CoinMarketCap

Ether.fi, the largest liquid restaking protocol on Ethereum, has announced plans for its upcoming airdrop of governance tokens. The token, named …

Ether.fi, the largest liquid restaking protocol on Ethereum, has announced plans for its upcoming airdrop of governance tokens.

The token, named ETHFI, will have a total supply of 1 billion tokens, with an initial circulating supply of 115.2 million tokens. The airdrop's first stage, entitled Season 1, will release 6% of the total token supply and covers behavior up to March 15. Season 2 will release 5% of the remaining tokens and covers behavior from March 15 to an unspecified future date. The remaining tokens will be split between investors, partnerships, core contributors, and the protocol's treasury, according to the protocol's tokenomics distribution

Ether.fi gave a variety of criteria for airdrop eligibility, including holding eETH, referring a friend to the protocol, or …

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