Original author: Karen, Foresight News
The ether.fi airdrop distribution has become the focus of heated discussion in the community today. After Justin Sun deposited 120,000 ETH (worth up to $480 million) into ether.fi last week, community users were generally worried that their airdrop share would be diluted.
Today, ether.fi adjusts token distribution based on community opinions to balance the interests between giant whales and small participants, but its linear distribution model is still questioned by some community users.
How are airdrops distributed?
According to the data released this time, the number of airdrops in the first quarter accounted for 6.8% of the total token supply, taking March 15, 2024 at 08:01 as the snapshot time.
According to ETHFI token economics, the total supply is 1 billion and the circulating supply is 115.2 million. 2% of the token allocation will be used for Binance Launchpool, 11% will be allocated to airdrops, and 32.5% will be allocated to investors and advisors , 23.26% allocated to the team, 1% allocated to Protocol Guild, 27.24% allocated to DAO Treasury, 3% used to provide liquidity.
This airdrop ratio reflects the importance the project attaches to early participants. ether.fi also listened to community opinions and added an additional 12 million ETHFI (1.2% of the total supply) to small stakers, and this part of the airdrop will not dilute the whale’s airdrop allocation.
The average number of airdrops received per user was 575 tokens, worth $2,875 at the current Whale Market pre-launch market minimum asking price, with a median of 175 tokens (worth $875). According to community users, the minimum airdrop amount seems to be 175 ETHFI.
