In just 3 days, a Chinese entrepreneur earned over $17 million! Breaking news alert:
$ETHFI $3.451
+1400.43%
In just 3 days, a Chinese entrepreneur earned over $17 million! Breaking news alert: No more hard work needed.
GET YOUR FDUSD HERE
Justin Sun, the Chinese mogul and Tron founder, committed 120,000 ether coins to Binance's new coin mining project ether.fi. In a mere 3 days, the project unveiled details of its airdrop, making him eligible to receive it. At a token price of 3.45 million air investments, the value totals up to $17.25 million.
Back in February, Justin Sun made a substantial bet on the Liquidity Re-pledge Token (LRT) track by pledging up to 58,000 stETH to Puffer Finance, with a total value of approximately $141 million, making him the protocol's top participant. Additionally, 104,001 stETH was deposited to EigenLayer, worth around $253 million.
His attention then shifted to ether.fi, where he pledged 120,000 ether to the protocol on March 13, amounting to approximately $480 million.
Soon after, on March 16, ether.fi announced its airdrop inquiry website.
According to the website, Justin Sun's address is eligible for an airdrop of up to 3.45 million ETHFI tokens.
Currently trading at approximately $5 per coin on the OTC Whales Market, the value of the airdrop received by Sun in these three days totals a staggering $17.25 million.
Out of the 60 million tokens airdropped by ether.fi initially, Sun received 3.45 million. This easy access to the airdrop drew dissatisfaction from the ether.fi community and early supporters. In response, the founder of ether.Fi, Mike Silagadze, addressed community concerns about Justin Sun's airdrop on the Discord platform.
He stated that ether.Fi will conduct more token airdrops to show appreciation to community members.
Furthermore, Mike defended Sun Yuchen, asserting that there was nothing suspicious about Sun's actions.
#EHEFI #HotTrends