SudoSwap announceSUDO token launch on Monday, January 30th includingAirdrop distribution for the first sponsors of the project.
The airdrop is distributed to liquidity providers (LPs) on the platform. SudoSwap is a different NFT marketplace than OpenSea, more similar to platforms like Uniswap.
SudoSwap has active liquidity pools for NFTs. As a result, there are liquidity providers that provide liquidity in the form of NFTs and tokens to be tradable. The airdrop is designed to reward them.
However, liquidity providers aren’t the only ones who can benefit from an airdrop, as XMON holders are also eligible for an airdrop. NFT
XMON holders can lock tokens for one month to receive a SUDO airdrop, earning 10,000 SUDO tokens for every locked XMON token.
SudoSwap indicates that the airdrop received cannot be transferred. This has to wait for the DAO to vote to unlock the transfer of these tokens. As a result, SUDO will act as the governance token of the SudoSwap DAO, with participants with up to 300,000 tokens able to publish offers. Regulatory issues to the DAO forum.
The post NFT Trading Platform SudoSwap Gives Token Airdrops to Supporters of Project appeared first on Bitcoin Addict.