Token holders influence major strategic areas including treasury management, token design and utility, and the ongoing development of the ecosystem. This includes ecosystem grants, long-term protocol vision, economic parameters such as fees, contract upgrades, permissions for software contributors, the approval of node operators, staking-related incentive structures, and treasury diversification strategies. Oversight and execution are coordinated by the ether.fi Foundation, which is responsible for stewarding the treasury and protocol while acting on the outcomes of governance processes. The Foundation operates with formal accountability to the community, publishes transparency reports, and is governed by its own constitutional documents. Voting power is calculated proportionally to the amount of ETHFI or staked ETHFI (sETHFI) held or delegated to an address. Proposals typically run for four days and must reach a quorum of at least one million ETHFI in approval votes to pass. Once a proposal passes the Snapshot threshold (1M ETHFI), the Ether.fi Foundation coordinates the execution. This is handled by a 4/7 Multisig committee that triggers the EtherFiTimelock. This timelock ensures a buffer period during which the community can review the pending technical change before it becomes immutable.
Airdrop Collection #1
4 seasons
Season 1
Season 2
Season 3
Season 4
Season 1 of the ETHFI airdrop was designed to reward early contributors. Distribution focused on ETH stakers, Ether.Fan NFT holders, solo validators, referrers, and DeFi partners integrated within the Ether.fi platform. Eligibility required users to earn at least 1,000 staking points, achievable by staking 1 ETH for 1 day or 0.1 ETH for 10 days. Bonus allocations were granted to Fan NFT holders, Operation Solo Staker participants, badge holders, and referrers. Token allocation was split 90% to stakers, 6% to partners, and 4% to early adopters. Claims opened on March 18 for a 90 day window, and any unclaimed ETHFI was rolled into Season 2. To avoid dilution and encourage participation, Ether.fi implemented the “Final Countdown” matching program, where large deposits increased rewards for all stakers. This mechanism added an extra 7.7 million ETHFI to community allocations, reinforcing the airdrop’s goal of broad and aligned distribution.
Season 2 of the ETHFI airdrop by Ether.fi was designed to reward sustained participation and deepen long-term alignment across the ecosystem. Distribution focused on users who continued to contribute to the protocol’s growth through active staking, maintaining exposure to Ether.fi products, and interacting with integrated DeFi partners. Eligibility required fresh activity during the period: users who had withdrawn most or all of their ETH needed to restake to qualify, and only wallets exceeding 150,000 staking points were considered. Additional filters excluded recent exiters, sanctioned wallets, sybil actors, scam-linked addresses, and Early Adopters Program participants who had not transitioned out. Bonus top-ups were granted to particularly committed small stakers to encourage broad-based participation. Claims opened on July 17, 2024, with some larger allocations subject to a vesting schedule spread across 4 claim periods over 90 days. Claim period 1: Immediately available for on live date Claim periods 2-4 (only applicable for some users with a larger claimable amount of ETHFI: Claim Period #2: Unlocks 30 days after live date Claim Period #3: Unlocks 60 days after live date Claim Period #4: Unlocks 90 days after live date.
Season 3 of the ETHFI airdrop by Ether.fi was designed to reinforce long-term alignment across the ecosystem by rewarding sustained participation rather than short-term usage. Eligibility required users to exceed 150,000 loyalty points and retain the majority of their Ether.fi position throughout the season. Wallets that withdrew 95% or more of their stake, lacked active eETH or weETH balances at the snapshot, exited shortly before season end, or fell below a minimum 3 ETHFI allocation threshold were excluded. Additional filters removed sanctioned addresses, sybil actors, scam-linked wallets, and Early Adopters Program participants who had not transitioned, as well as users whose rewards stemmed primarily from badge activity rather than staking. Some allocations were subject to a vesting schedule across 3 claim periods over 90 days. Claim period #1: Immediately available to claim on live date Claim Period #2: Unlocks 30 days after live date Claim Period #3: Unlocks 90 days after live date
Season 4 of the ETHFI airdrop by Ether.fi continues the protocol’s long-term incentive program by rewarding sustained participation across its staking and DeFi ecosystem. This season introduces a multi-token reward structure, with participants eligible to receive ETHFI, partner-issued tokens, and LRT² governance tokens. Loyalty points remain central to the program. Stakers can boost their accrual by deploying assets across Ether.fi’s DeFi partners, earning community badges, or referring new users across Layer-2 networks. All eETH and weETH holdings, whether held directly or deployed in DeFi positions, are treated equally for point calculations, preserving neutrality across strategies.
Token holders influence major strategic areas including treasury management, token design and utility, and the ongoing development of the ecosystem. This includes ecosystem grants, long-term protocol vision, economic parameters such as fees, contract upgrades, permissions for software contributors, the approval of node operators, staking-related incentive structures, and treasury diversification strategies. Oversight and execution are coordinated by the ether.fi Foundation, which is responsible for stewarding the treasury and protocol while acting on the outcomes of governance processes. The Foundation operates with formal accountability to the community, publishes transparency reports, and is governed by its own constitutional documents. Voting power is calculated proportionally to the amount of ETHFI or staked ETHFI (sETHFI) held or delegated to an address. Proposals typically run for four days and must reach a quorum of at least one million ETHFI in approval votes to pass. Once a proposal passes the Snapshot threshold (1M ETHFI), the Ether.fi Foundation coordinates the execution. This is handled by a 4/7 Multisig committee that triggers the EtherFiTimelock. This timelock ensures a buffer period during which the community can review the pending technical change before it becomes immutable.
Airdrop Collection #1
4 seasons
Season 1
Season 2
Season 3
Season 4
Season 1 of the ETHFI airdrop was designed to reward early contributors. Distribution focused on ETH stakers, Ether.Fan NFT holders, solo validators, referrers, and DeFi partners integrated within the Ether.fi platform. Eligibility required users to earn at least 1,000 staking points, achievable by staking 1 ETH for 1 day or 0.1 ETH for 10 days. Bonus allocations were granted to Fan NFT holders, Operation Solo Staker participants, badge holders, and referrers. Token allocation was split 90% to stakers, 6% to partners, and 4% to early adopters. Claims opened on March 18 for a 90 day window, and any unclaimed ETHFI was rolled into Season 2. To avoid dilution and encourage participation, Ether.fi implemented the “Final Countdown” matching program, where large deposits increased rewards for all stakers. This mechanism added an extra 7.7 million ETHFI to community allocations, reinforcing the airdrop’s goal of broad and aligned distribution.
Season 2 of the ETHFI airdrop by Ether.fi was designed to reward sustained participation and deepen long-term alignment across the ecosystem. Distribution focused on users who continued to contribute to the protocol’s growth through active staking, maintaining exposure to Ether.fi products, and interacting with integrated DeFi partners. Eligibility required fresh activity during the period: users who had withdrawn most or all of their ETH needed to restake to qualify, and only wallets exceeding 150,000 staking points were considered. Additional filters excluded recent exiters, sanctioned wallets, sybil actors, scam-linked addresses, and Early Adopters Program participants who had not transitioned out. Bonus top-ups were granted to particularly committed small stakers to encourage broad-based participation. Claims opened on July 17, 2024, with some larger allocations subject to a vesting schedule spread across 4 claim periods over 90 days. Claim period 1: Immediately available for on live date Claim periods 2-4 (only applicable for some users with a larger claimable amount of ETHFI: Claim Period #2: Unlocks 30 days after live date Claim Period #3: Unlocks 60 days after live date Claim Period #4: Unlocks 90 days after live date.
Season 3 of the ETHFI airdrop by Ether.fi was designed to reinforce long-term alignment across the ecosystem by rewarding sustained participation rather than short-term usage. Eligibility required users to exceed 150,000 loyalty points and retain the majority of their Ether.fi position throughout the season. Wallets that withdrew 95% or more of their stake, lacked active eETH or weETH balances at the snapshot, exited shortly before season end, or fell below a minimum 3 ETHFI allocation threshold were excluded. Additional filters removed sanctioned addresses, sybil actors, scam-linked wallets, and Early Adopters Program participants who had not transitioned, as well as users whose rewards stemmed primarily from badge activity rather than staking. Some allocations were subject to a vesting schedule across 3 claim periods over 90 days. Claim period #1: Immediately available to claim on live date Claim Period #2: Unlocks 30 days after live date Claim Period #3: Unlocks 90 days after live date
Season 4 of the ETHFI airdrop by Ether.fi continues the protocol’s long-term incentive program by rewarding sustained participation across its staking and DeFi ecosystem. This season introduces a multi-token reward structure, with participants eligible to receive ETHFI, partner-issued tokens, and LRT² governance tokens. Loyalty points remain central to the program. Stakers can boost their accrual by deploying assets across Ether.fi’s DeFi partners, earning community badges, or referring new users across Layer-2 networks. All eETH and weETH holdings, whether held directly or deployed in DeFi positions, are treated equally for point calculations, preserving neutrality across strategies.
