According to the latest reward distribution tweet released by EtherFi, there are 2,478,088 $EIGEN
in the first batch of re-staking reward distribution, plus 500K ETHFI available for claiming. ezETH stakers received 593,727.31 EIGEN, while weETH stakers received 2,478,088 EIGEN. On the surface, it appears that $weETH stakers received 4.17 times the reward. However, considering the TVL for unit returns, let’s do the math.
According to the calculations, the reward per unit of weETH is 1.33 EIGEN, while the reward per unit of $ezETH is 1.93 EIGEN. Therefore, ezETH users' unit rewards are 1.45 times that of weETH users. Thus, while the total reward amount for EtherFi looks substantial, the actual returns are not as satisfactory.