Marginly Airdrop Explainer
ATTENTION! THERE IS NO AIRDROP CURRENTLY LIVE! ALWAYS MAKE SURE YOU ARE INTERACTING WITH THE OFFICIAL MARGINLY.COM WEBSITE!
Dear Marginly community,
Now that our testnet contests have concluded, we want to share some details on the upcoming airdrop and token claiming process.
We would like to take a moment to thank everyone who participated in the testnet contests: traders arrived in their thousands, almost 13k making over 40k trades. Such active participation helped us refine the product and prepare for the mainnet launch.
Airdrop Claim Page
We have decided to handle token distribution via a dedicated airdrop claim page. Here is what the user flow is going to look like:
- Connect wallet — make sure to use the same wallet that participated in the testnet contests
- Check allocation — see whether a wallet is eligible for rewards
- Claim tokens — sign the message to confirm the transaction in your wallet
An airdrop clawback is in place: unclaimed tokens will be returned to the treasury if not claimed within 2 months after TGE.
We plan to have the airdrop claim page live as soon as tokenomics are finalized so that users can check their allocations. The airdrop will be claimable upon TGE, which is scheduled for Q2 2024. As explained earlier, we will be launching without a native token initially. This is done to gauge the initial interest in the project and figure out the best way to bring meaningful utility to the native token via a carefully designed system that aligns the interests of all actors involved. The amount of tokens available to each user will be based on the first price print with a 10% discount.
That’s it: no additional lockup periods or complicated vesting schedules and an additional 10% discount for all those testnet early adopters who helped us make Marginly a reality.
A big thank you to everyone for your continued patience and support and we warmly invite everyone to the next stage of our journey: the mainnet launch! Follow our socials to catch when we go live and happy trading!
ATTENTION! THERE IS NO AIRDROP CURRENTLY LIVE! ALWAYS MAKE SURE YOU ARE INTERACTING WITH THE OFFICIAL MARGINLY.COM WEBSITE!