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Homeweb3.0Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?
Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?Feb 11, 2024 am 10:40 AM
Ethereumweb3.0arbitrumBitcoin LiquidationJustin Sun

Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?

Puffer Finance is the first native liquidity staking protocol on the Eigenlayer platform. Its core functionality is to simplify restaking operations on Eigenlayer and allow anyone to run an Ethereum PoS validator. In addition, investors can also receive airdrop rewards through the Puffer Finance protocol.

It should be noted that according to the monitoring data of on-chain analyst @ai_9684xtpa, Tron founder Justin Sun has recently shown obvious interest in the LRT "liquidity re-pledge token" track. He allegedly made a large-scale pledge on Puffer Finance in the past 10 hours.

Justin Sun’s address 0x176...0a132 has pledged approximately 58,000 stETH to Puffer Finance, with a total value of approximately US$141 million. This move made him the "points champion" of the protocol, attracting attention and admiration from the community. Everyone is marveling at Justin Sun's ability to airdrop, and his actions have brought great shock to the community.

Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?

Sun Ge became the Puffer Finance points champion

Sun Ge invested a total of 662 million US dollars

In addition to the above behavior, Sun Yuchen also deposited 104,001 stETH Adding EigenLayer, this equates to $253 million. As of now, Justin Sun has participated in ReStaking through three different addresses, pledging 271,328 stETH, with a total value of US$662 million. This huge amount of pledges shows Justin Sun’s confidence in the field.

Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?

Brother Sun has recently been investing in the re-pledge track

ether.fi is temporarily sitting on the throne of the LRT track

Currently according to Dune data , currently the LRT track is dominated by ether.fi, which has locked up to 348,000 ETH, accounting for 34.6% of the market share, followed by Sun Ge’s latest investment, Puffer Finance, which has locked up 255,000 ETH, accounting for 31.2%.

Sun Yuchen invested US$662 million in LRT and then pledged the track! Community: Is this how to airdrop?

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