A strong and supportive community is very important for any project. To bootstrap the adoption of CeloDEX protocol, onboard and benefit the loyal community from PolyDEX, we plan for the distribution of 10% of $CLX total supply, a total of 10M $CLX, to the long term holders of $PLX.
The community members of PolyDEX will receive $CLX proportionally through airdrop, granting them the very first shareholders of CeloDEX protocol.
In order to support both PLX and CLX in long term, the airdrop will be recalibrated every 3 months.
The airdrop distribution details is as following:
- Total Airdrop Amount: 10,000,000 $CLX
- Distribution Period: over 2 years, 3 months recalibration based on snapshot.
- Eligibility: all $PLX holders, including PLX in staking and farming
Notes:
- First snapshot of balance will be done before Nov 8th, 2021 (timing not confirm to be fair)
- Airdrop will start from Nov 8th, 2021 and will be vesting for 3 months.
- Then the amount will be recalibrated and continue the new vesting, and so on till all airdrop completed.
- Address to receive CLX vesting will be same as address of PLX holding
Let’s flourish together with Celo and CeloDEX!
CeloDEX
Is the first DeFi platform on Celo to feature a DEX Aggregator, giving users the most optimized token swapping experience with the lowest slippage and best possible rates across all DEXs in the Celo Network, CeloLAUNCH which will help all the projects with the highest potential to launch on Celo while allowing users from other chains to join with ease. A state of the art Yield Optimizer with Native token Buybacks called CeloVAULT which provides investors with the most powerful tool on Celo giving an automatic high compounding interest rate on their liquidity. NFT market on Celo, allowing users to sell, buy NFTs on the fly.
Website: https://www.CeloDEX.org
Telegram: https://t.me/polydex.fi
Telegram: https://t.me/polydexannouncement
Discord: https://discord.gg/WtksUPQSRm
Medium: https://medium.com/polydex
Twitter: https://twitter.com/polydexfi
