Filecoin's largest protocol Glif set to airdrop 100 million tokens
Glif, the largest DeFi protocol on Filecoin, is introducing its native token.
A total of 100 million GLIF tokens will be airdropped to users.
Glif, a liquid leasing platform on Filecoin
FIL +0.69%
and the network's largest DeFi protocol, is set to launch its native GLIF token, with 100 million tokens allocated for airdrop to eligible users.
The GLIF token will have a total supply of 1 billion, with 10% — or 100 million tokens — allocated for an airdrop, Glif said Tuesday. These tokens will be distributed 1:1 to GLIF points holders with at least 1 point, and any unused tokens will return to the community rewards pool. Airdrop recipients can access 25% of their tokens immediately, while the remaining 75% will vest linearly over 180 days, mirroring the Filecoin network's block reward structure, Glif said. Unvested tokens will still count toward governance voting weight. 0 reply
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