Infinex Announces Governance Points Distribution and Migration Plan

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Cointime2024/07/18 04:35

By:Cointime

On July 18th, Synthetix's Infinex announced its governance token allocation and migration plan, with Speedrun receiving 60% of the total allocation. The remaining airdrops will mainly focus on community and NFT-related holders incentives. Users who hold governance tokens outside of their Infinex account need to transfer them to their Infinex account. Corresponding NFT holders or account holders need to connect their corresponding wallets or fill out forms, and the migration program will be launched after Craterun ends. The only function of the governance token is to exchange 200,000 governance tokens for a free Patron NFT. Users with insufficient points can also convert them into fungible tokens in the future, but Infinex has no plans to integrate point trading on the platform.

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.

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