There is an exciting development in the market! Ether.fi, which will be listed on the Binance exchange tomorrow, announced the launch of the Decentralized Autonomous Organization (DAO) and the airdrop program of the ETHFI token. This important step represents a significant milestone in the evolution of the Ether.fi platform and the ETHFI token. Here are the details…
Altcoin coming to Binance exchange announced airdrop
Ether.fi announced the launch of the Decentralized Autonomous Organization (DAO) and the airdrop program of the ETHFI token. This exciting development represents a significant milestone in the evolution of the Ether.fi platform and the ETHFI token. ETHFI token is the governance token of the Ether.fi platform. It offers holders the opportunity to participate in important decisions, including the Ether.fi Grant Program, protocol economic parameters, developer participant permissions, and token staking.
cryptokoin.com As we reported, Binance recently announced Ether.fi on Launchpool. The DAO, which will start on March 18, 2024, will ensure a more transparent and fair management of Ether.fi. ETHFI token holders will be able to vote on the future of the platform by joining the DAO. Ether.fi is also launching the airdrop program of ETHFI tokens along with the DAO launch. The Airdrop program consists of two seasons:
Season 1:
- It will distribute 6% of the total token supply.
- The airdrop request window will begin on March 18, 2024 at 15:00.
- Eligible participants will be able to claim ETHFI tokens for 90 days from the Token Creation Date.
- Eligibility is checked on the Ether.fi request page.
Season 2:
- It will distribute 5% of the total token supply.
- It will take place after Season 1.
What are the eligibility criteria for airdrop?
On the other hand, to participate in the Airdrop program, you must meet at least one of the following criteria:
- Participating in the Early Application Program
- Owning an ether.fan NFT
- Becoming a solo staker on the platform
- hold eETH or weETH
- Holding a position in a participating eETH or weETH DeFi pool or vault
- Unlocking one or more Ether.fi badges
- Referring one or more friends to Ether.fi
The airdrop is retroactive and the snapshot for the eligible event was taken on March 15, 2024 at 03:01 ET. This marks the end of season 1 and the beginning of season 2. For more information about the ETHFI airdrop program, you can visit Ether.fi’s official website and blog.
Watch out for scams!
All in all, this development is an important step for the growth and adoption of the Ether.fi platform and the ETHFI token. By participating in the airdrop program, you can earn ETHFI tokens and contribute to the future of Ether.fi. You do not have to pay any fee to participate in the Airdrop program. However, be wary of scam attempts. Claim ETHFI tokens only through official Ether.fi channels.
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