Express

New Multi-Service Platform Stake DAO Announces Hefty Airdrop

Emily Mason

Summary: New multi-service platform Stake DAO recently announced a governance token airdrop for active DeFi users, according to a post.  The Stake DAO team has set aside 1.5 million SDT tokens (1.5% of SDT total supply)  for active users of a list of popular DeFi projects including Yearn, Uniswap and Aave. The largest sums of tokens, 39% ...

New multi-service platform Stake DAO recently announced a governance token airdrop for active DeFi users, according to a post. 

The Stake DAO team has set aside 1.5 million SDT tokens (1.5% of SDT total supply)  for active users of a list of popular DeFi projects including Yearn, Uniswap and Aave. The largest sums of tokens, 39% and 45%, have been reserved for addresses which have donated to Gitcoin’s Round 8, as well as participants in DAO governance for the listed projects.

Airdrops became common practice during 2020 while young DeFi protocols were looking to build their communities. Uniswap, for example, distributed $1,400 worth of tokens in September.

By Emily Mason

Last Update:

Tags: ,,,,
Link: New Multi-Service Platform Stake DAO Announces Hefty Airdrop   [Copy]
Next:

Related Articles

  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 1 day ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 2 days ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 7 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 8 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 19 days ago

    • You need to login to comment.