Aloha surfers! A lot has happened over the past 2 months. We have reached a lot of milestones that are all worth celebrating on their own.
We have broken $2B in Volume with fUSDC in just 30 days, where over 50% of that volume has been productive and fee generating! We have proven Fluidity’s thesis that you are able to steer Order Flow through Utility incentives. With this, Fluidity has become the tool for protocols to increase their Volume through the $FLY token. We have finished the Airdrop Season 2, and we will be conducting our ICO with Moby on March 14th!
We want to first of all thank our community. Without you this wouldn’t have been possible, and we owe you a lot. This is just the beginning for Fluidity, and we will continue to reward our users with new Utility Mining and Loot Bottle campaigns.

Airdrop Allocation

We have released a claim page on the Season 2 Airdrop recap where everyone can connect their wallet to check their Airdrop allocation.
You will have qualified if you met either one of the following requirements:

• Participated in Airdrop Season 1
• Participated in Airdrop Season 2
• LP’d on Camelot, Trader Joe or Ramses pools during Season 2
• Held more than 10 fUSDC at the end of Season 2
• Contributed more than 100 fUSDC in Volume on Arbitrum outside of Season 1 and 2
• Minted more than 10 fUSDC on Solana and contributed more than 100 fUSDC in Volume
• Contributed more than 100 fUSDC in Volume on Ethereum
• Held a Surfer NFT at the end of Season 2
• Participated in a round of Russian Roulette with fUSDC during one of our weekly community calls
• Have Surfer Level 4, 5 or 6 and entered your information into the Wispform
• You are one of the top 2500 users on Camelot by volume
• You are one of the top 2500 users on Jupiter Aggregator by volume

In total, we have given out over 47M Loot Bottles this epoch. The total Airdrop allocation is 37,721,883 $FLY Tokens. The snapshot has taken place at the end of Season 2 at Arbitrum Block 181628709.

What’s next?

On March 14th we will be conducting our ICO on Moby. Everyone will qualify to participate in the ICO. There is no whitelist, but Moby stakers will be prioritized. A few days after the ICO, we will be adding liquidity for the $FLY token and everyone will be able to claim their Airdrop allocation and the tokens from the public sale.
Post TGE, we will announce new Utility Mining campaigns and new Loot Bottle campaigns. Fluidity and fUSDC will be integrated on our new Layer-3 Chain, Superposition. The $FLY token will play a key role on the Chain, and everyone holding $FLY tokens will have exposure to Superposition. The first app on the Layer-3 is Long Tail, the cheapest AMM on Arbitrum that uses Fluid Assets and Utility Mining to reward every swap on it.
We will also be building out our governance mechanisms such as $FLY Staking, Utility Vaults and Gauges. Users will be able to stake their $FLY Tokens from day one.

What is the $FLY Token?

The $FLY Token is the Fluidity Governance Token. It has different use cases, such as Staking, Revenue sharing, Governance, Utility Mining, Utility Vaults, Utility Gauges and deciding on key protocol parameters. It also gives token holders exposure to the Superposition Layer-3.
Through $FLY, token holders will be able to steer order flow, as the distribution of Utility Mining and $FLY incentives will be controlled through Utility Gauges. Fluidity becomes a marketplace for order flow, with voter incentives paid by protocols every epoch to $FLY holders to direct incentives and volume towards themselves.
All of this will be possible with Utility Mining, Gauges, and Vaults. They represent the heart of our governance mechanics. Protocols will have a tool to increase their volume and will be able to direct order flow to their liking.
It has been over 2 years, but this is only the beginning. We believe that the Utility thesis will be one of the biggest narratives in the coming cycle.

Helpful Resources:
💻 Documentation: https://docs.fluidity.money/
👾 Official Discord: https://discord.gg/fluidity
🐙 GitHub: https://github.com/fluidity-money
🕊 Twitter: https://twitter.com/fluiditylabs
📄 Medium: https://blog.fluidity.money/
🖥 Fluidity Website: https://fluidity.money/


DISCLAIMER: None of this is financial advice. This content is strictly for educational purposes. It’s not investment advice or a solicitation to buy or sell any assets.