Apr 2, 2024

Apr 2, 2024

Apr 2, 2024

Velar Airdrop: Celebrating Community Engagement and Loyalty During Incentivized Testnet

Velar Airdrop: Celebrating Community Engagement and Loyalty During Incentivized Testnet

Velar Airdrop: Celebrating Community Engagement and Loyalty During Incentivized Testnet

Introduction

At Velar, we value our community and appreciate the active participation of our users in various aspects of our platform, including swapping, staking, farming, and pooling during our incentivized testnet.

To express our gratitude, we are excited to announce an upcoming airdrop that rewards users based on their level of engagement and commitment to the Velar ecosystem during this crucial testing period.


Tiered Airdrop Structure

The Velar Airdrop is divided into four tiers, each reflecting a different level of user activity and duration of engagement on our platform during the incentivized testnet.

Users will be allocated to tiers based on a combination of their activity types and the number of weeks they have been active on Velar during this period. In total, Over 21,000 wallets will receive the airdrop, distributed as follows:

Tier 1 - The Top 1%: Our most dedicated and consistent users will receive 3,001 tokens each.

Tier 2 - The Next 9%: Users who have shown significant engagement will be rewarded with 1,501 tokens each.

Tier 3 - The Following 50%: This tier recognizes the consistent participation of half of our user base, with each user receiving 501 tokens.

Tier 4 - The Remaining 39%: The final tier acknowledges the contributions of the remaining 39% of our users, with each user receiving 221 tokens.

Airdrop Allocation and Future Plans

As outlined in our whitepaper, 5% of the total supply of Velar tokens is allocated for airdrops. The current airdrop, known as Velar Dharma, will distribute 1% of the total supply to reward our community for their participation during the incentivized testnet.

The remaining 4% will be distributed in future airdrops during the upcoming phases of Velar Artha, Kama, and Moksha, ensuring ongoing rewards for our loyal users.


The Importance of Diverse Interactions and Consistent Engagement

At Velar, we believe that the richness of user interactions and the consistency of engagement are essential factors in building a strong and vibrant community.

Our airdrop structure reflects this belief by rewarding users not just for the volume of their transactions but also for the variety of their activities and their regular participation on the platform during the incentivized testnet.


Next Steps for Airdrop Participants

In the coming weeks, we will provide detailed information about the airdrop, including the qualification criteria for each tier and instructions on how to claim your tokens.

We encourage all users who participated in the incentivized testnet to stay tuned for updates through our official channels.


Conclusion

The Velar Dharma Airdrop is a testament to our commitment to building a strong and engaged community, especially during the crucial period of our incentivized testnet. By allocating 1% of the total supply for this airdrop and reserving an additional 4% for future airdrops, we aim to foster a sense of belonging and encourage further participation in the Velar ecosystem throughout its development phases.

We extend our heartfelt appreciation to each and every member of our community for being an integral part of Velar's journey and for helping us test and improve our platform during the incentivized testnet. Together, let's continue to build a robust and inclusive DeFi platform.

Introduction

At Velar, we value our community and appreciate the active participation of our users in various aspects of our platform, including swapping, staking, farming, and pooling during our incentivized testnet.

To express our gratitude, we are excited to announce an upcoming airdrop that rewards users based on their level of engagement and commitment to the Velar ecosystem during this crucial testing period.


Tiered Airdrop Structure

The Velar Airdrop is divided into four tiers, each reflecting a different level of user activity and duration of engagement on our platform during the incentivized testnet.

Users will be allocated to tiers based on a combination of their activity types and the number of weeks they have been active on Velar during this period. In total, Over 21,000 wallets will receive the airdrop, distributed as follows:

Tier 1 - The Top 1%: Our most dedicated and consistent users will receive 3,001 tokens each.

Tier 2 - The Next 9%: Users who have shown significant engagement will be rewarded with 1,501 tokens each.

Tier 3 - The Following 50%: This tier recognizes the consistent participation of half of our user base, with each user receiving 501 tokens.

Tier 4 - The Remaining 39%: The final tier acknowledges the contributions of the remaining 39% of our users, with each user receiving 221 tokens.

Airdrop Allocation and Future Plans

As outlined in our whitepaper, 5% of the total supply of Velar tokens is allocated for airdrops. The current airdrop, known as Velar Dharma, will distribute 1% of the total supply to reward our community for their participation during the incentivized testnet.

The remaining 4% will be distributed in future airdrops during the upcoming phases of Velar Artha, Kama, and Moksha, ensuring ongoing rewards for our loyal users.


The Importance of Diverse Interactions and Consistent Engagement

At Velar, we believe that the richness of user interactions and the consistency of engagement are essential factors in building a strong and vibrant community.

Our airdrop structure reflects this belief by rewarding users not just for the volume of their transactions but also for the variety of their activities and their regular participation on the platform during the incentivized testnet.


Next Steps for Airdrop Participants

In the coming weeks, we will provide detailed information about the airdrop, including the qualification criteria for each tier and instructions on how to claim your tokens.

We encourage all users who participated in the incentivized testnet to stay tuned for updates through our official channels.


Conclusion

The Velar Dharma Airdrop is a testament to our commitment to building a strong and engaged community, especially during the crucial period of our incentivized testnet. By allocating 1% of the total supply for this airdrop and reserving an additional 4% for future airdrops, we aim to foster a sense of belonging and encourage further participation in the Velar ecosystem throughout its development phases.

We extend our heartfelt appreciation to each and every member of our community for being an integral part of Velar's journey and for helping us test and improve our platform during the incentivized testnet. Together, let's continue to build a robust and inclusive DeFi platform.

Introduction

At Velar, we value our community and appreciate the active participation of our users in various aspects of our platform, including swapping, staking, farming, and pooling during our incentivized testnet.

To express our gratitude, we are excited to announce an upcoming airdrop that rewards users based on their level of engagement and commitment to the Velar ecosystem during this crucial testing period.


Tiered Airdrop Structure

The Velar Airdrop is divided into four tiers, each reflecting a different level of user activity and duration of engagement on our platform during the incentivized testnet.

Users will be allocated to tiers based on a combination of their activity types and the number of weeks they have been active on Velar during this period. In total, Over 21,000 wallets will receive the airdrop, distributed as follows:

Tier 1 - The Top 1%: Our most dedicated and consistent users will receive 3,001 tokens each.

Tier 2 - The Next 9%: Users who have shown significant engagement will be rewarded with 1,501 tokens each.

Tier 3 - The Following 50%: This tier recognizes the consistent participation of half of our user base, with each user receiving 501 tokens.

Tier 4 - The Remaining 39%: The final tier acknowledges the contributions of the remaining 39% of our users, with each user receiving 221 tokens.

Airdrop Allocation and Future Plans

As outlined in our whitepaper, 5% of the total supply of Velar tokens is allocated for airdrops. The current airdrop, known as Velar Dharma, will distribute 1% of the total supply to reward our community for their participation during the incentivized testnet.

The remaining 4% will be distributed in future airdrops during the upcoming phases of Velar Artha, Kama, and Moksha, ensuring ongoing rewards for our loyal users.


The Importance of Diverse Interactions and Consistent Engagement

At Velar, we believe that the richness of user interactions and the consistency of engagement are essential factors in building a strong and vibrant community.

Our airdrop structure reflects this belief by rewarding users not just for the volume of their transactions but also for the variety of their activities and their regular participation on the platform during the incentivized testnet.


Next Steps for Airdrop Participants

In the coming weeks, we will provide detailed information about the airdrop, including the qualification criteria for each tier and instructions on how to claim your tokens.

We encourage all users who participated in the incentivized testnet to stay tuned for updates through our official channels.


Conclusion

The Velar Dharma Airdrop is a testament to our commitment to building a strong and engaged community, especially during the crucial period of our incentivized testnet. By allocating 1% of the total supply for this airdrop and reserving an additional 4% for future airdrops, we aim to foster a sense of belonging and encourage further participation in the Velar ecosystem throughout its development phases.

We extend our heartfelt appreciation to each and every member of our community for being an integral part of Velar's journey and for helping us test and improve our platform during the incentivized testnet. Together, let's continue to build a robust and inclusive DeFi platform.

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©2024, All right reserved.

©2024, All right reserved.

©2024, All right reserved.