Sun Brother Makes Big Profits Again! On March 13, he pledged 120,000 ETH to ether.fi. Three days later, ether.fi announced the airdrop query, and Sun Brother’s address qualified for up to 3.45 million $ETHFI airdrop, worth up to $17.25 million.
(Brief summary: Sun Brother invested 662 million pounds in the “repledge track”! The community sighs: Do even the whales do airdrops like this…)
(Background: Sun Yuchen repledges 120,000 ETH to ether.fi! Digging into Ethereum’s repledge track)
Tron founder Sun Yuchen (Sun Brother) invested a large amount of funds into the LRT “Liquidity Repledge Token” track last month. At that time, he pledged up to 58,000 stETH to Puffer Finance, with a total value of about 141 million US dollars, becoming the leading scorer of the protocol. In addition, he also deposited 104,001 stETH to EigenLayer, worth about 253 million US dollars.
Furthermore, Sun Brother went live on Binance’s new coin mining project ether.fi (LRT track). On March 13, he pledged 120,000 ETH to the protocol, worth about 480 million US dollars…
In just three days, he earned $17.25 million.
Soon on March 16, ether.fi announced its airdrop query website. According to the website data, Sun Brother’s address qualified for up to 3.45 million $ETHFI 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 received by Sun Brother in these three days is worth up to $17.25 million.
Sun Brother’s address received 3.45 million ETHFI in three days | Source: Yu Yin
Sun Brother already claimed 3.45 million out of the initial token airdrop of 60 million by ether.fi, which 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’s concerns about Sun Yuchen’s airdrop 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 Brother, believing that Sun Brother’s actions are beyond reproach.
He stated:
Currently, according to DeFi Llama’s data, with the support of the EigenLayer repledge protocol, Ether.Fi’s total locked value is about 2.9 billion US dollars, more than twice the value of its competing projects in the track.
In the midst of the meme coin frenzy, Sun Brother revealed: “Don’t want to work hard anymore…”
On the other hand, seeing the rapid surge of Solana’s ecosystem meme coin $BOME in just three days, Sun Brother also shared his views on the X platform. He presented a comparison chart of “value coins” and “meme coins,” stating that compared to meme coins, value coins require various efforts such as development, project collaboration, and avoiding regulation to achieve slight price increases, while meme coins only require “pump and dump.”
Although it cannot be confirmed whether Sun Brother has boarded the train of the Solana ecosystem meme coin surge this time, he admitted that he saw this wave:
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