Sun Ge earns big again! On March 13, he pledged 120,000 ETH to ether.fi. Three days later, ether.fi announced the airdrop inquiry, and Sun Ge’s address was eligible to receive up to 3.45 million $ETHFI airdrop, worth up to $17.25 million.
(Prior Summary: Sun Ge invested 662 million RMB in the “Repledge Race”! The community sighs: Do even the whales snatch airdrops like this?)
(Background Information: Sun Yuchen re-pledged 120,000 ETH to ether.fi! Digging for gold in the Ethereum repledge race)
Tron founder Sun Yuchen (Sun Ge) invested a large amount of money in the LRT “Liquidity Repledge Token” race last month. At that time, he pledged up to 58,000 stETH to Puffer Finance, worth about $141 million, becoming the points champion of the protocol. In addition, he also deposited 104,001 stETH to EigenLayer, worth about $253 million.
What’s more, after Sun Ge launched the new coin mining project ether.fi (LRT race) on Binance, on March 13, he pledged 120,000 ETH to the protocol, worth about $480 million…
In just three days, he earned $17.25 million.
On March 16, ether.fi announced its airdrop inquiry website. According to the website, Sun Ge’s address is eligible to receive up to 3.45 million $ETHFI in the airdrop. Currently, the price of $ETHFI on the over-the-counter market Whales Market is about $5 per token. Based on this calculation, the airdrop Sun Ge received in these three days is worth up to $17.25 million.
Sun Ge’s address receives 3.45 million ETHFI tokens in three days | Source: Yu Yin
Sun Ge’s occupation of 3.45 million tokens out of the initial token airdrop of 60 million by ether.fi has caused dissatisfaction among the ether.fi community and early supporters. In view of this, Mike Silagadze, the founder of Ether.Fi, responded to the community members’ questions about Sun Yuchen’s airdrop issue on the Discord platform. He stated that in order to express gratitude to the community members, Ether.Fi will conduct more token airdrops.
At the same time, he also came out to defend Sun Ge, stating that there is nothing questionable about Sun Ge’s actions.
He said: Currently, according to DeFi Llama’s data, with the support of the EigenLayer repledge protocol, Ether.Fi has a total locked value of about $2.9 billion, which is more than twice the value of its competing projects in this race.
In the meme coin frenzy, Sun Ge revealed: “Don’t want to work hard anymore…”
On the other hand, seeing the rapid rise of the meme coin $BOME in the Solana ecosystem in just three days, Sun Ge also shared his thoughts on the X platform. He showed a comparison chart between “value coins” and “meme coins,” stating that compared to meme coins, value coins require development, project cooperation, avoiding regulations, and various efforts to make the price slightly increase, while meme coins only need “pump and dump.”
Although it cannot be confirmed whether Sun Ge has boarded the train of the Solana ecosystem meme coin surge this time, he admitted that he saw this wave:
Related Reports
Eigenpie, which has recently become popular, can the points double? Teach you how to pledge in order to receive it.
TVL exceeds $3.6 billion: Inventory of the 6 major Ethereum repledge protocols: EigenLayer, ether.fi…
Total DeFi TVL surpasses $100 billion! Reaching a new high since May 2022, Ethereum’s “LSD, repledge” is the hottest race.