Filecoin's largest protocol Glif will airdrop 100 million tokens!

Glif, the liquidity leasing platform on Filecoin and the network's largest DeFi protocol, is about to launch its native token GLIF and allocate 100 million tokens to eligible users for airdrops.

The total supply of GLIF tokens is 1 billion, of which 10% (i.e. 100 million tokens) will be used for airdrops. These tokens will be distributed 1:1 to GLIF point holders with at least 1 point

Airdrop recipients can get 25% of the tokens immediately, while the remaining 75% will vest linearly over 180 days, similar to the Filecoin network's block reward structure. Unvested tokens will still count towards governance voting weight.

To date, Glif has issued more than 82 million GLIF points and plans to conduct a final distribution before the token generation event (TGE), bringing the potential total to 100 million.

While a TGE date has not yet been set, Glif is targeting the end of this year or early next year. Once the airdrop claim window opens, it will remain open for 12 months.

GLIF token allocation details:

10% of the GLIF airdrop comes from a broader 35% "community development" allocation, and the remaining 250 million tokens will be reserved for additional community development work. Glif said that GLIF token holders will decide the allocation and use of the remaining 25% through a governance process, allowing the community to set priorities and manage future allocations.

Information is for reference only! #你问我答