Yei Finance, a prominent protocol within the Sei ecosystem, has unveiled details regarding their upcoming airdrop distribution. Registration for eligible users and liquidity providers is open starting September 4th, 2025 at 4:00 PM UTC. The new token, designated as CLO (Clovis), will be used in the newly launched cross-chain DeFi platform developed by Yei. The Clovis pre-deposit vault is scheduled to reopen next week. Yei Finance has outlined three stages for the airdrop process: Phase 1 (Registration) will run through September 30th, 2025 with late registrations ineligible for participation. Phase 2 (Allocation Confirmation) will see the Yei team finalize the distribution details, and finally, Phase 3 (CLO Claim) allows users to claim CLO tokens and begin utilizing them in the Clovis ecosystem.