Airdrop Statements Made From These 3 Cryptocurrency Projects!

0

The cryptocurrency market started to move north again after a brief correction. This shows that the morale of market players is high. In this positive atmosphere, 3 cryptocurrency projects made statements about airdrops. Here are the details…

Kamino Finance announces KMNO airdrop

Kamino Finance, a DeFi protocol built on Solana infrastructure, has announced plans for the airdrop of its governance token KMNO. The cryptocurrency project has scheduled a snapshot for March 31, 2024. He also announced that he will hold the airdrop event in April. KMNO Genesis marks a pivotal moment in the evolution of Kamino Finance. Thus, it paves the way for decentralized governance within the platform.

Token holders will be empowered to participate in the governance process by influencing various aspects of the Kamino ecosystem. This move is a step towards achieving full decentralization. Thus, the scope of governance is expected to gradually expand.

Future Benefits and Governance

KMNO token holders will have control over several key areas, including:

  1. Incentive programs for protocol users.
  2. Allocation of protocol revenue.
  3. Decentralized operations and risk management voting.

The Kamino Foundation will initially oversee governance. It will also move the protocol towards gradual decentralization.

First Distribution Details

  • Ticker: KMNO.
  • Total Supply: 10 billion.
  • Day 1 Circulation Source: Estimated 10%.
  • Initial Community Distribution: 7%.
  • Distribution Method: Linear, based on Kamino Points.
  • Snapshot Date: March 31.
  • Token Generation Event (TGE): April.

Cryptocurrency project Ordzaar launches its first airdrop season

Decentralized Ordinals marketplace Ordzaar announced that it has launched its first airdrop event season. It is possible for users to verify their eligibility through the official link. The last snapshot date for this airdrop is March 6. User rewards will depend on factors such as the number of inscriptions saved in the wallet, the cost of inscriptions saved in the wallet, transaction volume and interaction with the Ordzaar platform. The cryptocurrency project announced the news as follows:

Welcome to Season 1, a vibrant, community-driven initiative celebrating the pioneers of the Ordinals field. Born from a spirit of openness and collaboration, this initiative is our way of giving back to the pioneers who shaped the Ordinals landscape in its first year.

3% of Entangle tokens will go to airdrops

Meanwhile, cross-chain DeFi protocol Entangle has released its NGL token economy. Accordingly, the maximum NGL token supply will be 1 billion. This will happen after 36 months when the Infra Reserve tokens are unlocked. Additionally, the initial circulation will be 21,565,000 tokens. The cryptocurrency project shared the following regarding the token distribution, including airdrop:

  • 15% will be allocated to the foundation.
  • 12.8% will be allocated to the ecosystem.
  • 41% will be allocated to community and liquidity.
  • It will use 3.25% for public sale.
  • 27.95% will be allocated to strategic investors.
  • 3% of the tokens will be used for airdrops. These will reward users who contribute to the community after the main-net launch, as well as participants who run proxies or validators, use testnets, or work on specific community tasks.
cryptocurrency

To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!


source site-1