EtherFi, the leading liquid restaking protocol, has announced that its highly-anticipated airdrop will take place on March 18.

On March 16, the project announced that eETH users, EtherFi points holders, EtherFans NFT holders, and solo Ethereum stakers will be able to claim a portion of 6% of ETHFI’s total supply from March 18, with claims closing 90 days later. EtherFi’s total supply is capped at one billion tokens.

The launch of EtherFi’s token and DAO will coincide with the asset debuting on the Binance centralized exchange, with Binance Launchpool farmers also receiving 2% of ETHFI’s supply. Roughly 11.5% of the token’s total supply is set to enter supply at launch.

“The EtherFi Foundation is thrilled to announce the launch of the ETHFI token, signaling the next major step in decentralization of the EtherFi protocol,” the project tweeted. “ETHFI token allocations aim to promote long-term, deep engagement in key governance decisions toward the continued success of the EtherFi protocol.”