These airdrops never end - A few months after the airdrops performed by Uniswap and 1inch, it's PoolTogether's turn to launch its governance token. And you, are you eligible?
A new DeFi airdrop
It seems that a new mode of distribution is unanimous in DeFi. More and more DeFi protocols are choosing to distribute their tokens for free to their users via airdrop programs : as long as you have one day (and under certain conditions) used one of these protocols , you can claim your share for free. of newly issued tokens: you just have to pay the transaction fees to get them back (quite high, these days, let's note).
It is now up to the PoolTogether protocol to get started as part of the launch of its governance token: the POOL.
In total, the lottery protocol without losers has created 10,000,000 POOL tokens which will be distributed as follows:
80.04% to the community;
12.44% to project employees and advisers;
7.52% to investors.
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Among the 80% intended for the community, 14% were distributed via this first airdrop , to all users who interacted with the protocol before January 14, 2021 .
Subsequently, an additional 5% will be distributed to all users who will deposit funds on the protocol in the next 14 weeks according to the following ratios:
Details of the distribution by pool - Source: PoolTogether announcement
The remaining funds will be deposited in a treasury fund and will be distributed through various programs in the future.
A governance token, just that
Once is not customary, the POOL token is part of the family of governance tokens . The latter therefore grants a voting right to its holder. In concrete terms, the latter will be able to take part in decisions and modifications relating to the protocol.
“These proposals can include things like adjusting the number of winners, launching new prize pools, integrating new sources of return, implementing scaling solutions and controlling distribution. future of POOL to protocol contributors. "
PoolTogether announcement
Anyway, PoolTogether takes the opportunity to remind that its token is by no means an investment opportunity.
Are you eligible?
To find out, nothing could be simpler. Go to the PoolTogether website , then connect your wallet to it.
Once connected, the number of pending tokens will be displayed at the top right, next to your wallet address.
All you have to do is click on this icon and claim the said tokens . Be careful though with transaction fees ! You will receive your share of the tokens distributed, in proportion to the sums you have deposited in the raffle pool , and according to the time that these sums have spent there. In summary, if you have some old PoolTogether tokens lying around , you might have a nice surprise !
A good surprise, precisely.
Introduced to the market at around $ 32, the POOL price suddenly dropped to a low of $ 8.17 before finally recovering and stabilizing at around $ 15 at the time of writing .