Ether.Fi launches second season airdrop! 50 million ETHFI will be invested, accounting for 5% of the total supply

Ether.Fi concluded its first quarter airdrop on the 15th, allocating 6.8% of the total supply to participants. Today, they announced the launch of the second season of airdrop points activity, which will last from March 15th to June 30th. Participants can receive varying amounts of loyalty point rewards based on how long they stake, with the longer the stake, the more generous the rewards. As one of the largest liquidity re-pledge protocols on Ethereum, Ether.Fi has attracted many users to participate in its airdrop activities, injecting new vitality into the entire Ethereum ecosystem.

In Season 2, 50 million tokens will be airdropped, accounting for 5% of the supply.

Introduction to event rules

According to the official introduction, the airdrop event in Season 2 will introduce StakeRank, a grading system with 8 levels. Every time a user stakes ETH for 100 hours, the ranking will increase by 1 level. Each level has a higher loyalty point rate increase, and the pledge balance needs to be higher than 0.1 eETH to continue to increase the level.

Users who participate in the first season airdrop will start at Rank II, while Ether.Fan NFT holders will be directly promoted to Rank III. Each NFT holder can only enjoy one opportunity for automatic promotion.

In order to be fair to new stakers, the point accumulation rate in Season 2 has been increased by 10 times. Although this will cause old points to be diluted, they will still be included in the total points, provided that the following conditions are met:

• For users who withdraw ETH or withdraw a large portion of ETH, their The Season 1 points will not allow them to receive the Season 2 airdrop unless they pledge additional ETH during Season 2. If more than 70% of the user's points come from Season 1, they will not be eligible to receive the Season 2 airdrop.

• Users who exit before the end of Season 2 will not be eligible for airdrops.

• Any blatant attempt at witchcraft or manipulation will not be able to claim the airdrop.

It should be noted that the rules and conditions of StakeRank may change, and you should always pay attention to the updates of Ether.Fi.

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