Massive airdrop to Abstract chain power users ?? 👀 Did a quick read through the AboreanFi docs - DeFi protocol launching on Abstract Chain ▫️ ABX will be the governance (via vote-escrowed veABX) and utility token ▫️ veABX holders will control LP emissions and earn fees + incentives ▫️ The incentive flows are similar to curve finance 3,3 model (great explanation videos on YT if you don't know) ABX Tokenomics: ▫️ Total supply - 500M ▫️ Airdrop - 40% 200M out of which - 65% allocated to Abstract chain power users - 3360 eligible wallets - 35% allocated to multi-chain defi power users - 2650 eligible wallets The methodology for Abstract scoring is quite interesting as it takes into account total wallet USD value holdings, PENGU holdings, Badge count, NFT activity for a few collections including Gigaverse ROMs and BIG protocol interactions. With 3360 wallets, each would be ~38k veABX airdrop. You can estimate that at different fdvs for $ value. The catch however, is that all of it...
Show original
42.33K
346
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.