On October 30th, Filecoin's ecological liquidity staking protocol Glif is about to launch its native token GLIF, with a total supply of 1 billion, of which 10% (or 100 million) will be airdropped to eligible users. These tokens will be distributed 1:1 to GLIF point holders with at least 1 point, and any unused tokens will be returned to the community reward pool.
Glif said that the recipient of the airdrop will receive 25% of the tokens immediately, while the remaining 75% will be vested linearly over 180 days, similar to the block reward structure of the Filecoin network. Unvested tokens will still count towards governance voting weight.
Glif plans to airdrop 100 million tokens to eligible users, accounting for 10% of total supply
2024-10-30 00:11:11
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