infiniFi ALPHA AIRDROP > ONLY DURING REGISTRATION
If you've ever had the pleasure of dealing with me as your whale/fund POC at
@infiniFi, you know I'm basically your guardian angel.
Well, we've just created a loophole for better airdrop vesting terms.
Call it an Easter egg. I call it Robin Hood.
BEFORE:
To improve your vesting terms, you had to bring your position back to its all-time high (ATH).
Had $1M in infiniFi and now have $0? You'd need to redeposit $1M to qualify for better terms.
NOW:
You can use Pendle YTs instead.
1 YT siUSD = $1 of TVL during registration.
Let's do the maths.
You previously had $1M in infiniFi. Today, your position is $0.
Old route: redeposit $1,000,000.
New route: buy approximately $23,250 worth of YTs to meet the 1.5x ATH TVL requirement.
The catch? You must maintain your qualifying YT exposure through the end of Season 3. You'll have until your existing YTs expire to purchase replacement YTs and maintain your eligibility.
What does this mean for your airdrop?
If you're currently on one of the longer vesting schedules, here's how much your terms could improve.
Season 1
BEFORE:
15-month vesting
7-month cliff
AFTER (with 1.5x ATH-equivalent TVL):
7-month vesting
2-month cliff
Season 2
BEFORE:
18-month vesting
9-month cliff
AFTER (with 1.5x ATH-equivalent TVL):
8-month vesting
4-month cliff
A pretty decent cheat code for anyone who wants better vesting terms without redeploying their entire previous principal.
Only available during registration
Calculations exclude slippage, YT price fluctuations and transaction costs so do your own maths :))