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Tap Protocol
Airdrop

Active 28 Feb - 31 Dec 2024

Tap Protocol, an advanced multi-asset metaprotocol, that focuses on promoting financial applications on Bitcoin Ordinals, announced the $TAP token airdrop, including the $TAP token airdrop plan, execution process, and eligible ecological members.

However, still important information about the token economy remains non-public.

The airdrop will cover three main segments: Holders, TAP Protocol participants, and TAP Protocol Builders. These segments aim to incentivize and reward the entire ecosystem, fostering continuous growth.

CoinLaunch Score: Last update:
Low 16 May 2024

Tap Protocol - Airdrop Overview

start date: 28 Feb 2024
end date: 31 Dec 2024
Reward Distribution: 31 Dec
More about Tap Protocol
Reward N/A
Winners: N/A

How to join Tap Protocol - Airdrop?

To participate in the Tap Protocol airdrop, users need to interact with the Tap Protocol in several ways: bridging assets, minting items, or using various protocols or dApps built on Tap.

The Tap Protocol airdrop has two phases. 

  1. The first phase will involve a straightforward balance snapshot of the holdings of $TRAC and $PIPE in each wallet on the 28th of February. The airdrop distribution is based on a pro-rata basis and will be conducted at the market launch of $TAP token. 
  2. The second snapshot will be taken sometime in Q2 2024. Distribution of a second batch of $TAP tokens to $TRAC and $PIPE holders will be executed in Q4 2024.

 

While $TAP tokens will be issued to new holders at this point, Tap Protocol will also reward wallets that have maintained their $TRAC and $PIPE holdings between the two snapshots. These long-term holders will receive an additional 50% boost to the token distribution.

Also, Tap Protocol encourages developers to create new, ground-breaking apps on the TAP platform. Users will be rewarded for fresh, market-driven, technological solutions built to be a part of the Tap Ecosystem.

Step-by-step Guide

  • Hold $TRAC and $PIPE in your wallet (only self-custodial wallets; balances on CEXs are excluded);

  • Mint, transfer, and use protocols or dApps already built or ones that will be built on the Tap Protocol;

  • Invent innovative products for the Tap Ecosystem.

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