$ETHFI airdrop strategy ⚡️

Ether Fi is an LSD protocol, like Lido and Rocketpool.

Thread; how to potentially qualify for a Ether_Fi airdrop 🪂

1/8

What is Ether Fi?

A Liquid Staking Solution. You stake your ETH, and accrue interest rewards derived from Node operators securing Ethereum.

You can learn more about how it works technically:

🔗 etherfi.gitbook.io/etherfi/getting-started/introduction

2/8

In their latest medium article, they explicitly say "No token"

They've also tweeted about it.

3/8

In the other hand, within their docs, they explicitly also say

"Governance

In the works ..."

"EtherFI DAO"

"ETHFI Token"

So not sure which one is correct here

4/8

Ether Fi also has an "Early Adopter Program".

They are rewarding points to users that stake.

There was a snapshot taken in April, and they say there is a second coming soon.

No relation between these points to any token or airdrops so far. This is speculation.

5/8

What is the strategy?

Stake your ETH, rETH, stETH, or frax ETH: 🔗 mainnet.ether.fi/eap

They accept any of those tokens as deposits.

They also have 35M of TVL in their contract: 🔗 etherscan.io/address/0x7623e9dc0da6ff821ddb9ebaba794054e078f8c4

6/8

Risks?

This is a new protocol, it comes with smart contract risks.

It has been audited by Certik and Zellik: 🔗 etherfi.gitbook.io/etherfi/security/audits

I would only use funds that you can afford to lose.

7/8

Funding?

They have received 5.3M USD in funding, according to Crunchbase.

Seed round 💰

8/8

Not for United States users.

Directly, at least.

Sorry friends, I don't believe they would do this if they could prevent it.

I will update when there is news ⚡️

Today marks our 1 Year Anniversary of making friends onchain 🎂!

Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.

There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.

Who did you become frens with on Lens? 

🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.