Owlto Finance and Binance Web3 Wallet Launch Cross-Chain Airdrop Event

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#DeFi
BlockBeats
227Words
Sep 20, 2024
Owlto Finance and Binance Web3 Wallet have launched a cross-chain airdrop event, attracting over 30,000 participants. The event, which started on September 20 and will end on October 2, requires participants to complete a cross-chain task to share a prize pool of $300,000 in Owlto tokens. Owlto Finance, a cross-chain interoperability protocol, has a user base of 2 million across more than 200 countries and has received investments from several institutions including Matrixport and Bixin Ventures.

This cross-chain airdrop event is a strategic move by Owlto Finance and Binance to enhance user engagement and showcase the potential of decentralized finance. With a prize pool of $300,000 in Owlto tokens, it not only incentivizes participation but also promotes the use of cross-chain technology, which is crucial for the future of DeFi. As the user base expands to over 2 million, it's clear that interoperability is becoming a vital component in the crypto space. Investors should consider the long-term viability of such partnerships and assess how they align with their investment strategies. Keep an eye on the developments during this event, as it may influence market trends and token valuations moving forward.