Sonic

Amount
Details

Incentives

41m

  • For lenders and borrowers.

  • Linearly released over 5 years.

Airdrop

14m

  • Airdrop will start at least 30 days after Polter launch on Sonic.

  • Airdrop to be distributed over 12 months, on a random date per month.

    • around 10% of airdrop will be distributed to active ex-geist users as per past arrangement. After deduction, the remaining are distributed as follows :

    • 25% to Lockers on Sonic.

    • 25% to DAO wallet.

    • 50% to exploited owners of collaterals.

      • Shares are equal weighted amongst depositors (collaterals minus debts).

      • Snapshot timestamp at time of exploit (block 97508839, Nov-16-2024 06:00:30 PM UTC).

  • Claiming vested tokens before 3 months will incur a 50% penalty, which will be distributed to lockers.

  • Each monthly airdrop will remain and expire after a year. This is to allow more reaction time for depositors.

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