A protocol on Stellar has deployed an airdrop of its governance token to early and super adopters, distributing 28.8 million out of 64 million total supply via claimable balances. Claim deadline is April 30, 2024, with unclaimed tokens returning to the DAO treasury. Future protocol fees will fund the DAO for community governance.
The article announces the deployment of an airdrop for the protocol's token on the Stellar blockchain, targeting early adopters and super adopters as outlined in a prior DAO preparation post. A total of 28.8 million tokens (45% of the 64 million supply) were sent as claimable balances, with a one-month claim window ending April 30, 2024, at 23:59:59 UTC; unclaimed tokens will be reclaimed for the DAO treasury. The remaining 25.6 million tokens are earmarked for the protocol treasury, to be deployed soon for DAO voting. The protocol currently offers free domain registration, but upcoming features like buying, selling, and liquidations will generate fees directed to the DAO treasury for community decisions. Token holders are encouraged to claim and participate to influence future development. Users are warned about scams, with the official token issuer linked in the docs.
