Callisto Network To Airdrop CLOE To CLO Holders

Published on: 09.06.2021

Callisto Enterprise plans to collect 0.3% of the off-chain fees from the transactions executed on the Callisto Network Blockchain through its partnerships. It has been decided that a portion of these fees will be distributed to Callisto Enterprise Token ($CLOE) holders. This amount will be defined in Callisto Network’s monetary policy, which is being finalized. Callisto Network also decided that active Cold Stakers will be rewarded with CLO Enterprise ($CLOE) tokens in proportion to the amount of $CLO coins locked.

Callisto Network has found a new partner to expand its activities to the enterprises use-cases. In appreciation of the Callisto Network community and investors, it was agreed that Callisto Enterprise would provide an airdrop to active Callisto coin ($CLO) Cold Stakers. Considering the amount of $CLO coins in circulation, Callisto plans to distribute approximately 0.05 Callisto Enterprise token ($CLOE) per Callisto coin ($CLO).

To be considered eligible for distribution, it is necessary to be an active Cold Staker on the “Cold Staking v.2” contract by June 15, 2021. The date was set to enable operators to migrate to new client versions following the upcoming Cold Staking V.2 Hard Fork.

ABOUT CALLISTO NETWORK
Callisto Network is a decentralized open source crypto platform with its own cryptocurrency (CLO) that is based on Ethereum protocol. The main goal of Callisto is to research and develop a reference implementation of a self-sustaining, self-governed, self-funded blockchain ecosystem and development environment.

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