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Source: Pencils Protocol, Medium; Compilation: White Water, Bit Chain Vision Realm
Pencils Protocol is the leading DEFI protocol in the Scroll ecosystem, which provides a set of DEFI solutions to enhance the value and practicality of the Scroll network based on breakthrough ZK technology.Since its launch in February 2024, Pencils Protocol has quickly become one of the three major farm agreements in the ecosystem, combining farm, vault and auction functions to release the potential for innovation income agreements.
So far, Pencils Protocol’s total lock value has exceeded $ 300 million and has attracted more than 250,000 active users.We are very grateful to the community for their trust and support. Their firm commitment promotes Pencils to develop and succeed rapidly in just a few months.
We are glad to announce the first large -scale airdrop $ DAPP (our native currency) to reward early supporters and let users participate in the development of Pencils Protocol’s next stage.This marks the beginning of an exciting journey!
$ DAPP is the core of the Pencils Protocol ecosystem, which provides pledge rewards, high leverage privileges and project allocation opportunities.It can also be used as a mortgage of trading NFT and real -world assets, and will be integrated into DEFI products to achieve liquidity and borrowing.Users will enjoy the cost discounts of Bridge and DEX services. Regular $ DAPP repurchase and destruction can ensure transparency.
Airdrop allocation
The $ DAPP allocation rules have been explained in detail before.Especially, Season 2:Participants of The Mystic Pen Warriis16% of the release plan assigned to the early supporters, which is separated from the distribution of airdrops.This means that 15% will be released in TGE, and the rest will be unlocked linearly within 12 months.These tokens will be available on the airdrop page (it is about to be launched).
Early active users include:
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Users holding S1 certificates
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Users holding S2 certificates
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Users holding Pencils S and P badge
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Users who participated in OKX wallets and obtained Pencils Protocol Miner S3 NFT users
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Users who successfully cast soul NFT (including participants in all partners Boosting activities)
Tip: For details of the airdrop query page and snapshot time, please follow the official announcement.
Airdrop acceleration unlocking plan
The tokens assigned to early active users will be unlocked in three stages:
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Release 50%when TGE.
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TEGE released 25%30 days after TGE.
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TGE released 25%60 days after TGE.
Eligible users can accelerate the token through the following ways:
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Tokensoft verification incentive: Complete the additional 25%of KYC unlocking KYC with tokensoft, and get 75%in TGE.
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Token sales participation awards: Participating token sales subscription (unlimited amount) can unlock an additional 50%and get 100%on TGE.
Method of receipt
Exchange receipt process
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Qualification and collection of airdrops:The airdrop activity page will be open before TGE.Eligible users can access the page at the time of startup, use its qualified address for signature authorization, and submit UID and network addresses of the CEX (CEX).After the verification is successful, the airdrop tokens will be issued to the spot account of the cooperation exchange before the transaction starts.Users should monitor their exchange account balance, and Pencils will provide detailed guidelines for the event.
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Subsequent airdrop:For future airdrops, users can return to the airdrop activity page and click “Collection” on the corresponding part.The tokens will be automatically issued to the spot account of the initial cooperation exchange.The specific distribution time will depend on the internal schedule of the exchange.
Receiving process on the chain
The collection process on the chain will be open 24 hours after TGE.Once the user clicks “Confirmation” on the airdrop page, $ DAPP will be directly released into their chain wallet.The specific time to account depends on the speed of confirmation of the blockchain.
Collection period
The collection window is opened before TGE, and it is closed 30 days after the end of the last collection period.Users must complete its $ DApp collection within this time, otherwise tokens will be confiscated and recycled.
Earn and pledge
After receiving the $ DAPP, users can join the earnings and pledge activities of the cooperation exchanges to get high APY rewards (upcoming).In addition, they can also participate in the $ DAPP pledge on the Pencils platform to earn high PENCILS points and get shares in the auction project.More Scroll ecosystem airdrop rewards are about to be launched.
*Notice:
Please ensure that your registration information on the tokensoft and cooperation exchanges is accurate, and the address is consistent, so as not to affect airdrop collection.
The platform reserves the right to adjust the rules of activity, and all updates will be announced through official channels.
