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. a. around 10% of airdrop will be distributed to active ex-geist users as per past arrangement. After deduction, the remaining are distributed as follows : b. 25% to Lockers on Sonic. c. 25% to DAO wallet. d. 50% to exploited owners of collaterals. i. Shares are equal weighted amongst depositors (collaterals minus debts). ii. Snapshot timestamp at time of exploit (block 97508839, Nov-16-2024 06:00:30 PM UTC).
Each monthly airdrop will remain and expire after a year. This is to allow more reaction time for depositors.
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