Community Outrage as MarginFi Alters Airdrop Strategy with Dubious Partner

March 28th, 2024
MarginFi recently sparked controversy within its community by revising its approach to token airdrops and points farming. Initially engaging users with promises of rewards, MarginFi announced a pivot towards facilitating third-party airdrops to loyal users based on their accrued points. The situation escalated when their first announced "partner," a website named "Margenfi," raised suspicions of being a phishing attempt due to its dubious nature. This revelation has led to widespread outrage among the community, with many members withdrawing their liquidity in protest. MarginFi's unexpected shift and questionable partnership choice have significantly impacted user trust and platform stability.

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