Summary
TLDR: EtherFi’s liquid restaking platform faced backlash for airdrop distribution giving Justin Sun a substantial share of tokens. Critics say whales could exploit system, while supporters argue it incentivizes staking. Founder promises to revise distribution model in response to community concerns.
Key Points
1. EtherFi’s liquid restaking platform faced backlash over its airdrop distribution, with reports indicating that Justin Sun would receive a significant portion of the tokens.
2. Community members raised concerns about the airdrop allocation, particularly the allocation of tokens to top wallets and the potential for exploitation by whales.
3. Despite the debate surrounding the distribution model, EtherFi founder Mike Silagadze announced plans to revise the token distribution to better serve the community and emphasized the importance of following established rules.