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  1. Tokenomics

FTM

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Last updated 2 months ago

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.

Amount
Details

Incentives

45% : 45m

  • For lenders and borrowers.

  • Linearly released over 10 years.

Liquidity Pool

20% : 20m

  • Linearly released over 1 year. Completed

Team

15% : 15m

  • Linearly released over 1 year. Completed

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

  • DAO vote also disqualifies inactive claimants from further airdops

  • DAO vote to 50% burn, 25% to lockers, 25% to DAO

Total

101.22m

https://polter.finance/#/airdrop
https://snapshot.org/#/polterfinance.eth/proposal/0x3083c34d91f6691cd5d5b9e982687394c14594522b2a4bacf3c0544b7924373d