Ethfi Points Season 2: StakeRank 🎉

Season 2 is on from March 15 to June 30
Users who stake longer get 💪 rewards
Season 2 allocation is 5% of total ETHFI supply
Want to learn more:
https://etherfi.gitbook.io/etherfi/season-2-stakerank

Stake at:
https://app.ether.fi

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Rules:

StakeRank is a level system with 8 levels or "Ranks"

Users advance 1 rank level every 100 hours of staking their ETH

Each rank level has a higher loyalty points rate boost

Your staking balance needs to be above 0.1 eETH to continue to advance

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More Rules:

Users who participated in Season 1 start off at Rank II

Rank boosts will range from 1x - 2x (subject to change)

https://Ether.fan NFT holders are automatically leveled up to Rank III (this applies only once per NFT holder.)

To make it fair to new stakers the points accumulation rate increases by 10x for season 2. While this dilutes old points, they will still count, subject to conditions below.

All eETH and weETH, whether held or in DeFi positions, including YT and Liquid, will be treated the same for StakeRank.

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Conditions:

For users who withdrew their ETH or mostly withdrew their ETH, their Season 1 points won’t earn them a Season 2 airdrop unless they stake additional ETH during Season 2. If >70% of your points came from Season 1, you will not be eligible for a Season 2 airdrop.

Users who withdraw shortly before the end of Season 2 will not be eligible for an airdrop. Rules for this will be made more clear as the season develops.

Any blatant sybil attempts or manipulation attempts will result in no airdrop. FAFO

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All of the above is subject to change so please keep an eye on all communications channels.