Token Burn & Retiring Airdrop Contract

in #defi3 years ago

Hi Lydians 🦁

We started to whitelist winners as we described in the previous blog post.

The first batch was whitelisted yesterday and the second is going to be today. We will continue during the next three days until 500 wallets available on the contract. Every time we whitelist wallets to the contract we burn the same amount of LYD (10,000) from the development fee.

Burning Airdrop Allocation 🔥

Once the whitelisting finishes, we will wait for 2 days for winners to claim their rewards and then execute endClaiming function of airdrop contract on April 30th at 17:00 GMT to burn the remaining tokens inside it.

We are burning ~16.150.000 LYD (depending on claims) on April 30th at 17:00 GMT

What about other reward campaigns we promised?🤔

We are going to use development fees for upcoming contests/giveaways. We are planning exclusive events with some other platforms to attract more users to the Avalanche ecosystem. Stay tuned for more.


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