Turtle will conduct the Genesis airdrop and announce TURTLE allocation details; airdrop query will be launched soon.
Foresight News reported that the liquidity allocation protocol Turtle has announced its Genesis airdrop and released the TURTLE allocation details. Of the total, 11.9% will be distributed to contributing users: including limited partners and participants (9%), TAC Vault deposit bonus (1.2%), user referrals (0.7%), early users/Discord OG roles (0.3%), Turtle liquidity leaderboard (0.2%), dealer referrals (0.2%), Kaito leaderboard (0.1%), BeraChain NFT (0.1%), Scroll NFT (0.1%), and several other categories. Protocols and partners integrated into Turtle activities and infrastructure will receive a 2% allocation.
Turtle stated that Sybil activities and bot accounts have been removed from the system. Airdrop allocations of 1,700 TURTLE or less will be fully unlocked at TGE with no vesting required; for allocations exceeding 1,700 TURTLE, 70% can be claimed immediately at TGE, while the remaining 30% will vest linearly over 12 weeks. After the airdrop launches, holders can stake TURTLE for sTURTLE to gain delegation and voting rights to participate in protocol governance. The airdrop query feature will be launched soon.
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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