TechFlow reports that re-staking protocol Ether.fi has announced the launch of its second season points campaign, StakeRank, running from March 15 to June 30. Long-term stakers will receive generous rewards, amounting to 5% of the total ETHFI supply.
StakeRank consists of 8 tiers. Users advance one tier for every 100 hours of ETH staked, with higher loyalty point multipliers at each level. A minimum balance of 0.1 eETH is required to progress in tiers. Participants from Season 1 start at Rank II, with tier-based multipliers ranging from 1x to 2x. Users holding the Ether.Fan NFT are automatically upgraded to Rank III.
Users who accounted for over 70% of points in Season 1 must re-stake during Season 2; those who withdraw early will be ineligible for the airdrop.
