OpenLeverage Token Contract Deployed to Ethereum and Will Airdrop 7.35% of Initial Total Supply

OpenLeverage, a lending and margin trading protocol, has now deployed its $OLE token contract to Ethereum. The total initial supply of $OLE is 1 billion, of which 45% is allocated to the DAO treasury for community incentives, including but not limited to retroactive rewards, trading, lending, xOLE holder rewards, marketing campaigns, etc.; 9.6% is allocated to the ecosystem development vault; 28.4% is allocated to previous OpenLeverage Foundation investors; and 17% is allocated to founders, employees, and advisors. In addition, 7.35% of $OLE (73,500,000 $OLE) has been allocated to historical lenders, traders, and NFT holders, based on a snapshot ending June 30th, 2022 at 12:00 PM UTC.
Source

Ethereum

Airdrop

Lending

DeFi

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
Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem
Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
Ethereum developers to end support for Holesky testnet in September Ethereum developers to end support for Holesky testnet in September
Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
Latest News More More
13 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
13 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
3 Days Ago USDC closes in on $61 billion as institutional demand outpaces USDT growth
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open