Details of the Expected Airdrop Have Been Announced – Here’s the Distribution Date

Yei Finance, one of the leading protocols in the Sei ecosystem, has published the official Token Generation Event (TGE) registration page. Users and liquidity providers can register for airdrop eligibility starting at 4:00 PM on September 4, 2025. The symbol for the new token is CLO (Clovis). Clovis is a new cross-chain DeFi protocol developed by Yei. The company announced that the Clovis pre-deposit vault will reopen next week. Related News: A $16 Billion Buying Spree Could Hit Bitcoin in the Coming Days - Here's What You Need to Watch In the statement made by Yei Finance, it was stated that the TGE process will operate in three stages: Phase 1 (Registration): This will continue until 4:00 PM on September 30, 2025. Late registrations will not be accepted for TGE claims. Phase 2 (Allocation Confirmation): The Yei team will finalize the airdrop distribution. Phase 3 (CLO Claim): Users will be able to claim CLO tokens and begin using them in the Clovis ecosystem. The Yei Finance team argued that Clovis has evolved from being merely the largest dApp on Sei to a comprehensive DeFi operating system that integrates cross-chain liquidity. *This is not investment advice. Continue Reading: Details of the Expected Airdrop Have Been Announced – Here’s the Distribution Date