Levana Protocol: The airdrop of LVN tokens will start around December 20, with 2% of the total supply distributed in three phases
On December 8th, Levana Protocol, a sustainable trading platform within the Cosmos ecosystem, stated that the Levana token (LVN) was minted on Osmosis last week. At launch, 7% (70 million) of the total supply of LVN tokens will be unlocked. To be eligible for the airdrop, users must complete specific actions within the Levana ecosystem and register using the same wallet address on a designated website to ensure fair distribution and filter out bots.
The airdrop is divided into three phases:
1) Family airdrop, targeting early adopters, including Levana NFT community members and those who trade Levana perpetual contracts on platforms such as Osmosis, Injective, and Sei;
2) Community airdrop, expanding the scope to include other community members such as Stargaze, Kujira, and Astroport traders;
3) Final phase: focusing on attracting new users from outside the Cosmos ecosystem. Specific details will be announced later.
The Levana airdrop plan will distribute a total of 20 million tokens in three independent phases, with a significant portion of tokens, namely 14 million, specifically allocated to the first phase. The tokens will be officially launched to the public on December 18th, and the first phase of the airdrop is expected to begin around December 20th. The entire process of the three airdrops is expected to be completed within six months, although this timeline may change or be updated multiple times.
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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