Another day, another airdrop: Power DeFi users can now claim Stake DAO tokens

Cointelegraph

Published Jan 21, 2021 01:42PM ET

Updated Jan 21, 2021 03:20PM ET

Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later.

In an introductory post to the project, Stake DAO laid out the parameters for the SDT token distribution, which set aside an initial 1.5% of tokens for “active members” of a long list of popular DeFi projects. Among those members, the two largest allocations at 39% and 45% respectively were reserved for addresses which had donated to Gitcoin’s Round 8, as well as participants in DAO governance for the listed projects.

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