Check out the results of the $ETHFI airdrop and see how much users gained!
Ether fi
Expired
Progress mission: 0 of 4
Updated:
Expired
Rewards
Reward Results
$550 $19,570
Details
Minimal cost
~$20
Minimum deposit
$200
Time required
5 min.
Category
Mainnet
Rating
5/10
Risk
Medium
Etherfi conducted an airdrop to reward its early users and community members. Eligible participants could claim their $ETHFI tokens on the Ethereum blockchain. Users needed at least 1,000 loyalty points (equivalent to staking 1 ETH for 1 day) to be eligible.
Airdrop Overview
Ether.fi allocated 7% of the total 1 billion $ETHFI supply for the initial airdrop (Season 1):
- 90% (63 million $ETHFI) was distributed to stakers based on their accumulated loyalty points (staking $ETH in Ether.fi ).
- 6% (4.2 million $ETHFI) was allocated to strategic partners.
- 4% (2.8 million $ETHFI) was reserved for early supporters, including Ether.Fan NFT holders and Early Adopter Program (EAP) participants.
After receiving community feedback, the airdrop pool was increased by 12 million $ETHFI, bringing the final allocation to ~80 million ETHFI (8% of total supply).
Token Distribution Average
The Linity team conducted the analysis on the first 5,000 addresses that claimed the token.
The bottom 10% of airdrop recipients (who claimed the fewest tokens), received an average of approximately:
- 175 $ETHFI tokens worth $550
The top 10% of users (who claimed the highest number of tokens), received an average of approximately:
- 10,950 $ETHFI tokens worth $19,570
The dollar values are based on the $ETHFI token price of $3.14 when CoinGecko began tracking it.
Pros
Dual Opportunities
Can engage in two different opportunities simultaneously.
Token Indication
A tweet suggests a token launch for decentralization around March 2024.
Small Competition
Only 12,000 unique eETH holders, indicating small competition.
Cons
Financial Involvement Required
A minimum of 0.1 ETH required to join in.
Security Concerns
Being early stage, it's not fully tested against hacks and external threats.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Deposit ETH for Staking: The main task in this staking protocol is to deposit Ethereum (ETH) into the system. Staking means locking up your ETH to support the network and earn rewards.
- Deposit Amounts for Ranking: To be among the top 50% of users, deposit more than 0.1 ETH. For the top 25%, you need to deposit over 0.2 ETH, according to Dune Analytics.
- No Further Actions Required: Once you deposit your ETH, no additional actions are needed. Just make sure not to withdraw your deposit for at least 3 months, preferably 6 months, to maximize benefits.
- Dual Participation with EigenLayer: By joining this opportunity, you also automatically participate in the EigenLayer project. Your deposited ETH is restaked in EigenLayer, giving you a chance to benefit from two opportunities at once.