PancakeSwap proposes airdrops to users/community contributors using LayerZero

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Cointime2024/06/07 08:07

By:Cointime

PancakeSwap has proposed a new airdrop distribution plan to reward community contributors and users who use the LayerZero cross-chain messaging solution. The specific distribution is as follows:

1. veCAKE holders (45%): 51,168 users with the highest veCAKE balance during the snapshot period.

2. Active traders (20%): 592,450 users, excluding aggregator addresses.

3. Liquidity providers (20%): 48,260 users who provide an amount ≥$100.

4. CAKE bridgers (3%): 6,928 users, calculated according to the total bridging amount/total bridging transaction times.

5. Cross-chain voters (2%): 1,198 users, voting for the total epoch numbers of non-BNB chain pools.

6. Developers (10%): details to be determined.

veCAKE liquidity lockers will allocate 100% to their liquidity lock users. PancakeSwap is also collaborating with protocols such as Stargate, Canto, and USDV to extend airdrop distribution to their community members.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The SEC asked for comments to be sent in 21 days after its filing is published in the Federal Register.Over a year ago when the SEC was considering whether to approve spot Bitcoin ETFs, firms were hashing out technical details over how the redemption process should work settling on cash, not in-kind.

The Block•2025/02/06 21:12