Tokenomics (FTM)
Users who have interacted with Geist are eligible for the airdrop. The snapshot was taken at the time of Geist's cessation announcement on Jul-14-2023 08:27:59 PM +UTC (block 65807830).
Details on the amount each user is eligible for will be confirmed at a later date.
https://polter.finance/#/airdrop
Airdrop
20% : 21.22m
2 years linear distribution.
3 months vesting period for each airdrop claimed .
Vested tokens will earn fees like staked tokens.
Claiming vested tokens before 3 months will incur a 50% penalty, which will be distributed to lockers.
Each airdrop expires in 2 years.
DAO vote has changed subsequent airdrops to 60 days https://snapshot.org/#/polterfinance.eth/proposal/0x3083c34d91f6691cd5d5b9e982687394c14594522b2a4bacf3c0544b7924373d
DAO vote also disqualifies inactive claimants from further airdops
DAO vote to 50% burn, 25% to lockers, 25% to DAO
Incentives
45% : 45m
For lenders and borrowers.
Linearly released over 10 years.
Liquidity Pool
20% : 20m
Linearly released over 1 year.
Team
15% : 15m
Linearly released over 1 year.
Total
101.22m
Last updated