Stablecoin and lending protocol HAI will airdrop governance token KITE on February 12
The decentralized stablecoin and lending protocol HAI will conduct an airdrop before launching on the Optimism mainnet next week.
According to a statement, HAI will distribute 22.3% of its governance token KITE to 18,034 eligible wallets. The airdrop will take place on February 12, ahead of HAI's launch on the Optimism mainnet on February 20. Eligible users include Reflexer Protocol users, individuals who have used the HAI testnet, and Optimism governance participants who hold over 50 OP and have voted multiple times.
In addition to being a stablecoin protocol, HAI is also a lending platform and DAO. KITE holders can decide which types of collateral are included on the platform, change protocol parameters, and participate in auctions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin could hit $100K ‘within weeks:’ Galaxy
Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays
There’s a $450 billion behemoth forging BTC’s path to $100k
The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold
Dynamic Music Data NFTs are redefining artist-fan relationships: Here’s how
How to figure out if an AI crypto project is worth investing in