Void Protocol Airdrop Review: 3.5% Has Been Allocated to LUNA Stakers

Void Protocol Airdrop Review: 3.5% Has Been Allocated to LUNA Stakers

About Void Protocol Airdrop

Void Protocol Airdrop gives users control over financial anonymity, as an opt-in financial privacy service. By depositing fixed amounts into the contract, waiting, then withdrawing to a brand-new wallet, funds will be untraceable back to the original wallet. Void Protocol will be airdropping a total of 15,000,000 VOID to LUNA, ANC, MINE, ATLO and Galactic Punk stakers. Snapshot and other details will be announced in the coming days.

For a network to be truly decentralized, it is of utmost importance that users have full autonomy over their funds. This includes the option of anonymity. Void Protocol gives users control over financial anonymity, as an opt-in financial privacy service. By depositing fixed amounts into the contract, waiting, then withdrawing to a brand-new wallet, funds will be untraceable back to the original wallet.

Void Protocol Airdrop believe for a network to be truly decentralized, it is of utmost importance that users have full autonomy over their funds, this includes the option of anonymity. ‌Void protocol gives users control over financial anonymity, as an opt-in financial privacy service.

By depositing fixed amounts into the contract, waiting, then withdrawing to a brand new wallet, funds will be untraceable back to the original wallet. ‌ Void Protocol will operate in a completely decentralized manner, this offers major benefits in terms of security, transparency and peace of mind for the users. In time the protocol will operate under full control of the Void DAO.

BasicDetails
Token NameVoid Protocol Airdrop
PlatformTerra
Total Value15,000,000 VOID
Airdrop EndN/A
KYCKYC Is Not Requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

Step-by-Step Guide:

  1. Stake LUNA, ANC, MINE or Galactic Punk to be eligible for the airdrop. You can buy LUNA & ANC from Binance.
  2. A total of 15,000,000 VOID has been allocated to the airdrop.
  3. 3.5% has been allocated to LUNA stakers, 3.5% to ANC stakers, 3.5% to MINE stakers and 1% to Galactic Punk stakers and the remaining 3.5% have been allocated to ATLO stakers.
  4. The airdrop will be split into 2 sections with the respective tokens being released in each stage.
  5. 1/3 of the airdrop will be claimable right away and the remaining 2/3s of the airdrop will be split into 3 equal portions, each of which will be claimable by providing funds into the Void Anonymity Pools for a complete 31 days. Each user will be able to complete this step 3 times, after which the entirety of the airdrop will be unlocked to them.
  6. Snapshot and other details of the airdrop will be announced in the coming days.
  7. For more information regarding the airdrop, see this page.

Earn

Deposit

Users deposit funds into the Anonymity Pools, receiving a secret phrase. This phrase needs to be kept safe as it enables the withdrawing of these funds.

Mix

The funds are stored in a smart contract, where many users will deposit and withdraw funds, making it impossible to trace which funds belong to who.

Earn

Whilst the funds are in the smart contract, Void will ensure that this capital remains productive. The strategies implemented will be decided by the Void DAO.

Withdraw

Once users have waited a sufficient time for their funds to anonymise, they can withdraw to a nominated wallet – breaking the on-chain link between the deposit and withdrawal wallet.

Core Drives

Privacy

Since privacy is not the default on the majority of blockchains, the rapidly-expanding world of Defi must have privacy solutions for those who decide to opt-in to financial privacy. Void Protocol’s main focus will always be to provide this solution and to ensure that every step is taken to offer maximum privacy to the user.

Decentralization

They firmly believe in the future of decentralization; it offers many advantages to the future and longevity of Void Protocol. It also empowers the users of the protocol to take part and have a say. This also means all steps will be taken where possible to take the decentralized approach, including open source and full DAO implementation.

Opportunity

One drawback of the anonymity pool approach is that in order to achieve reliable anonymity, you must wait some time for other deposits and withdrawals to occur after your deposit has entered the pool. This means users opting for privacy may have to wait weeks or even months depending on TVL (Total Value Locked), a key focus of the protocol is to ensure capital in the pool remains productive while this process occurs.

Interoperability

The entire Terra ecosystem is full of brilliant people building amazing projects, all with like-minded goals of growing UST adoption and Terra use. Through the IBC (Inter-Blockchain Communication Protocol), the number of accessible projects on the Terra Blockchain is growing rapidly. It’s easy to see the value of what is growing and Void Protocol plans to make it as easy as possible for integration and collaboration.

Airdrop

Through much consideration they have decided to have quite a large genesis airdrop, airdropping 15% of total supply – 15 million tokens! It is important for and cause to have a strong community around our project and they believe generosity among many other things is a good way to start building this. The airdrop will be distributed through five avenues with a focus on active users:

  • Luna Stakers – 3.5%
  • ANC Stakers – 3.5%
  • MINE Stakers – 3.5%
  • Atlo Stakers – 3.5%
  • Galactic Punk Stakers – 1%

Team

To support the team and later development of Void Protocol, 15% of the total tokens will be reserved. These funds are to incentivize people to join and share our commitment towards Void Protocol. These tokens will be released over a period of 36 months, released in equal portions every quarter. Any advisors will be receiving token allocations from this same 15% reserved for the team, this also means the same vesting period applies, this is to ensure any advisors joining are practically one of the team.

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