Instrumental Finance
  • 🎺Welcome to Instrumental Finance
  • Introduction
    • 🔭Overview
    • 2️⃣Layer 2 Capabilities and Limitations
    • ☑️The Instrumental Solution
      • Use Cases
      • How-to Guides
      • Initial Strategies
      • Tech Stack: Leveraging Composable Finance’s Mosaic Technology
        • Bridge Aggregation Technology
        • Strategies: Yield Optimization and Portfolio Management
  • Tokenomics
    • 🪙The Instrumental Token (STRM)
      • Use Cases
    • 💰Token Distribution
      • Thanksgiving Alpha Airdrop
        • $STRM Airdrop and Strategy Stakers Token Distribution
      • Liquidity Bootstrapping Pool
        • How to Participate
        • LBP Results
      • Liquidity Rush & Boosting ETH-STRM SLP Earnings
      • STRM-ETH Bonds on Olympus Pro
  • Roadmap
    • 🛣️Roadmap: Broad Vision
    • 🗺️Technical Roadmap
  • Team
    • 🤾‍♂️Team
  • FAQs
    • ❔FAQs
  • Community
    • 🥂Connect with Us
  • Audits
    • 🕵️Audits
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Thanksgiving Alpha Airdrop

PreviousToken DistributionNext$STRM Airdrop and Strategy Stakers Token Distribution

Last updated 3 years ago

With our Thanksgiving Alpha, Instrumental will be having an airdrop of its STRM token, with recipients being announced in the coming days.

We have earmarked 5% of the total supply of STRM to be distributed in an airdrop, where eligibility for airdrop rewards is based on a snapshot. The snapshot showcases users who have participated in cross-layer and cross-chain strategies between 5th August (EIP-1559 activation date) and 25th November 2021. In the coming days, this snapshot will be made available on Github and includes users of bridges such Composable Finance’s , , , and more.

The airdrop rewards early adopters of the cross-layer future and is our way of kickstarting a community who will utilize the instrumental protocol from the start. Half of these tokens will be distributed in the token generation event (TGE), and the remainder will be distributed over a 6-month period. STRM plays a crucial part in the function of Instrumental and is designed to service a variety of utility functions. Thanks to our team and community of early supporters, we are set to launch our LBP on Balancer through on December 6th, 2021.

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