THORSwap Airdrop Announcement

THORSwap introduced the upcoming THOR airdrop to THORSwap community members and THORChain early adopters.

THORSwap will airdrop 5% of the total THOR supply of 500,000,000 to the community and early adopters. Roughly US$10,000,000 worth of THOR will be airdropped shortly after the TGE (Token Generation Event), with the remaining airdrop allocation to be awarded during monthly competitions.

🔹Two main reasons for an airdrop:

1. To reward active THORSwap community members and THORChain early adopters. Both are of paramount importance for the success of any product and cannot be valued enough. Many community members have dedicated a lot of time and effort to help THORSwap grow and improve and this airdrop serves as a token of appreciation to early users.
2. The airdrop is the first step towards decentralized THORSwap governance and ownership. The majority of THOR’s total supply is allocated for the community and must be earned through productive community actions. THOR tokenomics details will be shared very soon.

About THORSwap

THORSwap is the leading multi-chain, decentralized exchange (DEX) platform powered by THORChain. Perform cross-chain swaps in a permissionless, trustless, and non-custodial manner.

📰 INFO

https://thorswap.medium.com/thor-airdrop-announcement-e4bbd0c3f758