The second season airdrop of Ether.fi has been launched, with 50 million ETHFI tokens to be distributed this season.

Ether.fi, the largest liquidity re-collateralization protocol on Ethereum, has announced the launch of its Season 2 airdrop campaign. The campaign will run from March 15th to June 30th, distributing 5% of the total token supply, which amounts to 50 million ETHFI tokens.

Ether.fi Season 2 Stakerank Rules

StakeRank starts on March 25, 2024, offering higher loyalty points rewards to users who stake on ether.fi for a longer period. The rules are as follows:

• StakeRank consists of 8 levels
• Users will move up 1 level for every 100 hours of staking ETH on ether.fi
• Each level has a higher loyalty points rate
• Staking balance must be above 0.1 eETH to continue ranking up
• Users who participated in the first season will start from the second level
• Ether.Fan NFT holders are automatically upgraded to the third level
• To treat new participants fairly without diluting the old users' points too much, the loyalty points accumulation rate in this phase will be increased by 10 times. Old users need to stake additional ETH in the second season. If over 70% of the points come from the first season, they will not be eligible for the second season airdrop
• Users who exit before the end of the second season will not be eligible for the airdrop

Although StakeRank officially launched on March 25, 2024, loyalty points have increased tenfold since March 15, and the second season also introduces new badges! However, please note that StakeRank rules and conditions are subject to change, so stay updated with official information or follow the news.

After being listed on Binance, ETHFI briefly surged to $5.32 and was priced at $3.95 at the time of writing.

Ether.fi will start token airdrops tonight at 8:00 PM, with Sun Yuchen receiving 3.45 million ETHFI tokens.