Tron founder Justin Sun(Brother Sun) invested a huge amount of money in the LRT "liquidity re-pledge token" track last month. At that time, he pledged up to 58,000 stETH to Puffer Finance, with a total value of approximately US$141 million. In one fell swoop, Became the protocol’s points champion and, in addition, deposited 104,001 stETH to EigenLayer, worth approximately $253 million.
What’s more interesting is that after Brother Sun launched the new currency mining project ether.fi (LRT track) on Binance, he pledged 120,000 ETH to the protocol on March 13, worth approximately US$480 million...
Earned US$17.25 million in just three days
Soon on March 16, ether.fi announced its airdrop query website . According to website information, Brother Sun’s address is eligible for an airdrop of up to 3.45 million $ETHFI. The current price of $ETHFI on the OTC Whales Market is about $5 per coin. Based on this calculation, the airdrop value that Brother Sun received in these three days is as high as 17.25 million US dollars.
Of the 60 million ether.fi initial token airdrops, Brother Sun accounted for 3.45 million. The whale easy access to the airdrop caused dissatisfaction among the ether.fi community and early supporters. In view of this, the establishment of Ether.Fi Mike Silagadze responded to community members’ questions about Justin Sun airdrop on the Discord platform. He said that in order to express gratitude to community members, Ether.Fi will conduct more token airdrops.
At the same time, he also jumped out to escort Brother Sun, believing that there was nothing questionable about Brother Sun's operation. He said:
It is emphasized that even if users with large deposits join, Ether.Fi will not change the established rules or be unfair to them. We appreciate Justin's support and will strictly abide by the rules we have set.
According to current data from DeFi Llama, with the support of the EigenLayer re-mortgage protocol, the total locked value of Ether.Fi is approximately US$2.9 billion, more than twice that of its competing projects on this track.
Meme coin craze, Brother Sun revealed: I don’t want to work hard anymore...
On the other hand, seeing the Solana ecological meme coin $ BOME skyrocketing in just three days, Brother Sun also shared his views on the X platform. He showed a comparison chart between "value coins" and "meme coins". Compared with meme coins, value coins require various efforts such as development, project cooperation, and avoidance of supervision, etc., in order to slightly increase the price. However, in meme coins, only "pulling the market" is required.
Although it is not certain whether Brother Sun has caught the train of Solana Eco-meme Coin’s skyrocketing this time, he frankly admitted that he saw this wave:
It really broke my defense...I don’t want to work hard anymore
