In a leak on social media platform .
Which Shiba Inu users can expect an airdrop?
Details about the airdrop are outlined in a post where Lucie describes an inspiring discussion with Buzz, the pseudonymous founder of K9 Finance DAO, a project running on the Shibarium platform. Lucie said, “I had an amazing conversation with Buzz (@buzzdefi0x) from K9 Finance. As always, he continues to impress not only as an outstanding developer, but also as a trustworthy speaker.”
“We’re excited to share insights about Airdrop in future #Shibarium,” said Lucie. Yes, it’s coming! You can earn points just by connecting to Shibarium, using Shibarium, and holding certain tokens such as LEASH and KNINE. Free tokens will be distributed to everyone involved in amounts based on your holdings and activity.”
In response to Lucie’s announcement, Buzz further clarified the structure of the airdrop. “Yes, indeed K9 DAO will conduct a retroactive airdrop. Rewarded tasks include keeping time, connecting to Shibarium, testing K9 on testnet, staking KNINE, using dapps on Shibarium, etc. There are several ways to earn points to qualify. But remember, this is a ‘retroactive’ airdrop :)” Buzz indicates that users’ current activity is already being tracked to determine eligibility for future rewards.
Lucy, thank you for your kind words!
Yes, K9 DAO is actually planning to conduct a retroactive airdrop. Rewardable actions include:
– Retention period
– Connect to Shibarium
– Testing K9 on testnet
– KNINE Staking
– Use dapp in Shibarium& more. There will be…
— Buzz.Shib | Sybarium (@buzzdefi0x) May 25, 2024
Buzz also warned the community to wait for an official announcement regarding the airdrop activation. “Be careful #SHIBARMY the KNINE retroactive airdrop has not been released yet. Please wait for the official announcement on K9 Finance’s official account. The airdrop is scheduled on our roadmap for Q4 and we are actively collecting data on eligible wallets.”
The initiative is set to reward users based on various engagement metrics on the Shibarium platform, including bridging assets, using decentralized applications (dApps), and holding specific tokens. This strategy aims to foster the continued growth of the Shibarium network by not only driving early adoption, but also encouraging ongoing participation and interaction within the ecosystem.
As interest grows, the community is encouraged to stay tuned for further updates directly from K9 Finance and the Shiba Inu team as they continue to develop and improve the airdrop criteria.
The announcement appears to have sparked excitement within the cryptocurrency community. Over the past 24 hours, SHIB has experienced a notable surge, recording the second-largest price gain among the top 100 cryptocurrencies by market capitalization, behind Celestia (TIA). Latest data Currently, SHIB is trading at $0.00002757, reflecting an 8% gain.
Featured image created with DALL·E, TradingView.com chart