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Etherfi 4 Airdrop Strategy

Status

Confirmed

Difficulty

Medium

Task Type

Restake ⓘ

DeFi, Restaking

Funding

$32.3M ⓘ

Backers: ConsenSys, CoinFund, OKX Ventures, Arrington XRP Capital, Sandeep Nailwal, Stani Kulechov, Amber Group, Draper Dragon, Chapter One, LongHash Ventures, Foresight Ventures, Bankless, Maelstrom, Parallel Finance, North Island Ventures, Bullish, White Star Capital, Fourth Revolution Capital, Selini Capital, Collider Ventures, Version One, Kommune, Node Capital, Lvna Capital, Purpose Investments, Punk Ventures, Mr. Block, DeFi Dad, Will Price

Tasks

Complete these steps to increase your chances of getting an airdrop.

1. Go to Ether.fi's eETH page.

2. Connect your Ethereum wallet.

3. Stake Ethereum (ETH) or any accepted LRT (Liquid Restaking Token) to earn loyalty points and EigenLayer or Symbiotic or Karak points.

1. Visit app.ether.fi/liquid

2. Connect a wallet

3. Deposit to your preferred automated strategy vault

1. Open the weETH/wstETH vault on FLuid

2. Connect your wallet and switch to Base or Arbitrum or Ethereum

3. Deposit weETH

4. Leverage borrow wstETH (click the Leverage button at the bottom)

Important! This strategy involves liquidation risk and while the leverage will boost your Eigen and Ether.fi points, you need pay borrow APR on Fluid.

1. Open the Pendle Points Market

2. Check multiple chains for the best eETH yield

3. Provide liquidity to retain most points from eETH while earning eETH yields, $PENDLE incentives and swap fees.

About Etherfi (Season 4) and LRT²

EtherFi, a prominent player in the Ethereum restaking ecosystem, is launching Season 4 of its community engagement initiative. This season introduces a simplified rewards mechanism and a new collaborative project called LRT². Key features include:

Continuous seasons running every 4 months, starting after Season 3
Loyalty Points accrual at 10,000 points per ETH per day, with potential boosts
Rewards include ETHFI tokens, partner tokens, and future LRT² governance tokens
Up to 2,000,000 ETHFI tokens may be allocated per season for rewards

LRT² (Liquid Restaking Token Squared)

LRT² is a new protocol designed to streamline restaking rewards distribution across multiple Ethereum AVS (Actively Validated Services) projects. It introduces:

An LRT² rewards token that aggregates various restaking rewards
A planned LRT² governance token for protocol management
Collaboration between major LRT protocols including Puffer, Swell, Renzo, ether.fi, and Kelp

How To Participate in Etherfi Season 4