FX168 Financial News (Hong Kong) - Chinese tycoon and founder of Bochang, Justin Sun, has pledged 120000 Ether coins on the Ether.fi new coin mining project launched by Binance. In just three days, the project has announced airdrop information, and he will be eligible to obtain 3.45 million airdrop qualifications, with a value of up to 17.25 million US dollars.

In February, Sun Yuchen bet a large amount of funds on the Liquidity Re Pledge Token (LRT) track. At that time, he pledged up to 58000 stETHs to Puffer Finance, with a total value of approximately $141 million, becoming the points champion of the agreement. In addition, he also deposited 104001 stETHs with EigenLayer, with a value of approximately $253 million.

Subsequently, he shifted his focus to ether. fi, pledging 120000 Ether coins worth approximately $480 million to the agreement on March 13th.

Quickly, on March 16th, ether. fi released its airdrop query website.

According to website data, Sun Yuchen's address is eligible for up to 3.45 million ETHFI token airdrops.

At present, the price of ETHFI on the off market Whales Market is approximately $5 per piece. According to this calculation, the value of the airdrops Sun Ge received in these three days was as high as 17.25 million US dollars.

Ether. fi's initial token airdrop of 60 million coins accounted for 3.45 million for Sun Ge. The fact that the Giant Whale easily obtained the airdrop caused dissatisfaction among the Ether. fi community and early supporters. In view of this, Ether Fi founder Mike Silagadze responded to community members' concerns about Sun Yuchen's airdrop on the Discord platform.

He stated that in order to express gratitude to community members, etc Fi will conduct more token airdrops.

Meanwhile, Mike also spoke for Sun Yuchen, believing that there was no room for doubt about Sun's actions.

He said, "Even if users with large deposits join, ether. Fi will not change the established rules or be unfair to them. We appreciate Sun Yuchen's support and will strictly abide by the rules we have set."

According to DeFi Llama data, currently with the support of EigenLayer's re mortgage agreement, etc The total value of Fi lock in is about 2.9 billion US dollars, which is more than twice the value of its competing projects on this track.

On the other hand, as the Solana ecological meme BOME skyrocketed in just three days, Sun Ge also shared his views on Twitter. He showed a comparison chart between value coins and memes. Compared to memes, value coins require various efforts such as development, project cooperation, and regulatory evasion to slightly increase prices. However, in memes, only "pull up" is needed.

Although it is uncertain whether Sun Ge caught the train of Solana's skyrocketing ecological meme coins this time, he admitted that after seeing this trend, "I really broke through my defense and don't want to work hard anymore.".