$FYDE Season 2 Airdrop
Last updated
Was this helpful?
Last updated
Was this helpful?
For Season 1, Fyde airdropped 7% of its total token supply to participants! We believe in putting our community first, and wanted to make sure that the early participants are appropriately rewarded for their faith and confidence in us.
Airdrop participants were rewarded based on how active they were in using Fyde's products (Liquid Vault and restaking aggregator), how much they actively participated in Fyde's community via Discord and Zealy, and whether they farmed using Fyde's Telegram mini-app.
The cut off period for Season 1 was June 21, 2024, with the airdrop undergoing a 30 day vesting period to mitigate sell pressure.
Now that Season 1 is complete, we are focusing our attention on Season 2. Season 2 will revolve around much of the similar focus points of deposit sizes, community participation, and more. But now, there are a few new twists.
First, Fyde's Bullrun Simulator Game will play a larger role in Season 2, with users being able to play the game . You can find more details about the game in the link below:
Second, Fyde is releasing a series of new products this year in the form of a predictions market on top of the Liquid Vault, as well as a high APY yield vault. Participants in these projects will be eligible for the Season 2 airdrop as well.
Finally, community participation carried over from last year will continue to be a factor as well.
We anticipate Season 2 to be in Q2 of this year, although this will be contingent on market performance and $FYDE token dynamics.