What is ether.fi

ether.fi is a decentralized, non-custodial delegated staking protocol with a Liquid Staking Derivative token. One of the distinguishing characteristics of ether.fi is that stakers control their keys. The ether.fi mechanism also allows for the creation of a node services marketplace where stakers and node operators can enroll nodes to provide infrastructure services.

ether.fi has raised a total of $5.3M in funding recently from various investors. They have confirmed that they will launch their token “ETHFI” and list it on Binance on March 18th, 2024, at 12:00 PM (UTC). It’s highly likely that early platform users who stake ETH and earn points will receive an airdrop once the token is launched.

Step by step guide for ether.fi Airdrop

1. Visit the ether.fi website.
2. Get ETH from Binance: You would need to purchase ETH from a cryptocurrency exchange like Binance if you don’t already have some.
3. Connect Your Ethereum Wallet: You’ll need an Ethereum wallet that supports the interaction with decentralized finance (DeFi) platforms. Popular choices include MetaMask, Trust Wallet, or Coinbase Wallet. You can then connect your wallet to the ether.fi platform.
4. Stake ETH: Once your wallet is connected, you can stake your ETH on the ether.fi platform. This process typically involves approving the transaction and confirming the stake.
5. Receive eETH and Start Earning Yield: After staking your ETH, you’ll receive eETH tokens in return, which represent your stake. You’ll then start earning yield, which could be in the form of additional eETH or other rewards.
6. Earn EigenLayer Points and Ether.fi Loyalty Points: Since the platform is built on EigenLayer, you’ll start earning EigenLayer points in addition to any loyalty points offered by ether.fi for participating in their ecosystem.
7. Airdrop Speculation: It’s mentioned that ether.fi will launch their token “ETHFI” and list it on Binance on March 18th, 2024. There’s speculation that users who stake on their platform and earn points could potentially receive an airdrop of ETHFI tokens when the token goes live. Additionally, users may also become eligible for the EigenLayer speculative airdrop for earning EigenLayer points.
8. Note on Airdrops: It’s important to keep in mind that while there’s speculation about potential airdrops, there’s no guarantee that they will occur. Airdrops are typically at the discretion of the project team and may have specific eligibility criteria