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In the bull market, you are not afraid of not making money, but you are afraid of not making enough!
ETHFI coin, as the name suggests, is a token built on the Ethereum network. As the world's second largest cryptocurrency platform, Ethereum is world-famous for its smart contracts and decentralized applications (DApps). The birth of ETHFI coin aims to further expand the functions and application areas of Ethereum and provide users with a broader space for innovation and application scenarios.
ETHFI coin is regarded as a bridge between the crypto world and traditional financial markets, and its main task is to facilitate seamless conversion between different assets. This token functions on the Ethereum network and converts Ethereum assets into instruments that can be circulated in the traditional financial system, thus making the flow of funds between cryptocurrencies and the traditional financial world more convenient.
As an Ethereum-based token, ETHFI inherits the key advantages of Ethereum. It uses smart contracts to automate asset management and transaction execution, and leverages the high security and decentralization features of the Ethereum network to ensure that transaction records are transparent and cannot be tampered with, providing investors with additional security.
ETHFI also has good liquidity and is often paired with other popular assets to allow users to conveniently buy and sell on various exchanges. This optimization of liquidity makes ETHFI ideal for high-frequency trading and asset management.
As the cryptocurrency market continues to develop, ETHFI Coin provides diverse financial services and solutions. It not only provides investors with a diversified investment platform, but also creates new investment opportunities combined with different financial instruments. As traditional financial institutions and businesses increasingly get involved in the cryptocurrency space, ETHFI's value as a link between the two worlds grows as market demand increases. As a medium of exchange or a means of storing value, ETHFI coins have demonstrated their unique position in the market.
Justin Sun shouted "I don't want to work hard anymore"! Earn 17.25 million mg of ether.fi airdrop
Tron founder Justin Sun (Brother Sun) invested a huge amount of money in the LRT "liquidity re-pledge token" track last month. He pledged up to 58,000 stETH to Puffer Finance, with a total value of approximately $141 million, becoming the protocol’s points champion. In addition, he deposited 104,001 stETH to EigenLayer, worth approximately $253 million.
What is even more remarkable is that after Brother Sun launched the new coin mining K project ether.fi (LRT track) on Binance, he pledged 120,000 ETH to the protocol on March 13, worth approximately US$480 million.
Subsequently, ether.fi announced its airdrop query website. According to website information, Sun’s address is eligible for an airdrop of up to 3.45 million $ETHFI. Currently on the OTC Whales Market, the price of $ETHFI is approximately $5 per coin. Based on this calculation, the airdrop value obtained by Brother Sun in these three days is as high as US$17.25 million.
In the initial token airdrop of ether.fi, Sun Ge occupied 3.45 million tokens, which caused dissatisfaction among the community and early supporters. When faced with this situation, Ether.Fi founder Mike Silagadze responded on the Discord platform. He said that in order to express gratitude to community members, ether.fi will conduct more token airdrops.
At the same time, he also jumped out to escort Brother Sun, believing that there was nothing questionable about Brother Sun's operation. He said:
It is emphasized that even if users with large deposits join, Ether.Fi will not change the established rules or be unfair to them. We appreciate Justin's support and will strictly abide by the rules we have set.
According to data from DeFi Llama, with the support of the EigenLayer re-collateralization protocol, the total locked value of Ether.Fi is currently approximately US$2.9 billion, which is far more than twice that of other competing projects on the track.
The ETHFI airdrop is open for inquiry and collection will start at 8 o'clock
Ether.fi’s token is called ETHFI, with a total supply of 1 billion and an initial circulation of 115.2 million. The first quarter airdrop released 6.8% of the total token supply, and the airdrop snapshot was determined on March 15. The second quarter will release 5% of the remaining tokens, covering the period from March 15 to future dates. Remaining tokens will be distributed among investors, partners, core contributors and the protocol’s finance department according to the protocol’s tokenomics allocation.
The first quarter airdrop snapshot has been confirmed on March 15 and will be distributed starting at 8:00 pm on March 18, Taiwan time. Users will have 90 days to claim their ETHFI at Claim.ether.fi. Any unclaimed ETHFI tokens will be added to the Season 2 airdrop.
Ether.fi gives various eligibility criteria for air investing, including holding eETH, recommending friends to use the protocol, or participating in the protocol’s early adopter program. According to the Ether.fi announcement, large holders will need to wait 3 months to claim their tokens, while smaller holders can claim them immediately.
Ether.fi updated the airdrop conditions this morning, increasing the airdrop tokens from the original 6% to 6.8%, and increasing the share of small pledgers. The distribution ratio is as follows:
90% to stakers
6% to partners
4% to early adopters (NFT holders and EAP participants)
Ether.fi particularly emphasizes that the distribution of tokens is linearly distributed and is more inclined to small stakers. At the same time, the official reminds everyone that there are currently many phishing emails, please be sure to use official links to avoid being harmed!
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