Hop Protocol Releases Hop DAO Introduction and Will Distribute Airdrop

Hop Protocol Releases Hop DAO Introduction and Will Distribute Airdrop
Cross-chain bridge Hop Protocol has released an introduction to the Hop DAO and will be distributing airdrop of $HOP to early users. It is said that the Hop DAO will manage the ongoing growth and direction of Hop Protocol. In the coming weeks, the Hop Labs team will hand over control of Hop Protocol to the DAO, which will manage day-to-day functions including Whitelist, reward distribution, and management of financial resources. In addition, $HOP tokens will total 1 billion, of which 8% will be airdropped to early adopters. The specific allocations are: 3.35% will be allocated to Hop cross-chain bridge users; 2% to liquidity providers; 2% to Bonders; 0.1% to Hop Protocol's top 500 Discord users and top 79 Twitter users; 0.05% to external contributors; and 0.5% to past deployed accounts of Authereum users who have deployed accounts in the past.
Source

Cross-Chain

DAO

Airdrop

Related News
Zora airdrop triggers confusion as token launches without announcement, requires users claim manually Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal
ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network
GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN
Linea filters over half a million Sybil addresses from upcoming token airdrop Linea filters over half a million Sybil addresses from upcoming token airdrop
Latest News More More
17 Hours Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
3 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
4 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
4 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open