KRINGLES FINANCE IS LAUNCHING THE FIRST AIRDROP PROGRAM

Kringles Finance
2 min readJul 7, 2021

Invite you to celebrate Kringles Finance Launch with the TBC community and Kringles Finance team via this airdrop program! For your continuous support and love for Kringles USD, we’re showing our love back.

Update: The Snapshot and distribution time for this $KUSD airdrop program has changed due to our organization of partnerships, marketing activities, and IDO, and listing of $KUSD token. We are sorry for any inconvenience, but we believe this delay will prepare the value of $KUSD Token and Kringles Finance better.

Who is eligible for this airdrop?

We are thankful for all the support that $KUSD Holders have been giving us, we still prioritize holders based on the following 3 criteria:

  1. One who is passionately supporting Kringles Finance and Kringles Community.

2. One who is intensively securing Kringles Finance Mainnet.

3. One who is diligent farming and staking with $KUSD Token.

We introduce the following role-coefficient matrix for each role of $KUSD holders in the Kringles Finance network to calculate the $KUSD tokens for the airdrop.

We use one important factor to calculate the amount $KUSD Token that might receive is the coefficient rates for every role of $KUSD Coin Holders and the estimated $KUSD for airdrop are described below.

👉The coefficient rate affects how many $KUSD tokens will be airdropped. Plainly, for example, if you buy and keep $KUSD in your wallet, you can receive X amount of $KUSD. But if you join the Kringles Finance Mainnet as a validator you can receive 8X of $KUSD tokens.

👉 We don’t count the locked $KUSD rewards for this program. But the locked $KUSD tokens of validators, delegators, and liquidity providers are counted.

👉 The upper limit of KUSD tokens for the airdrop is 200,000 $KUSD.

👉 The regular holders are those who buy $KUSD on any DEXs.

Kringles Finance is still as planned — on 06 July 2021,

Snapshot and distribution of $KUSD Airdrop will be one day before and one day after the launching of Kringles Finance, respectively. The listing date will be announced later!

Join us at https://kringles.finance to qualify for the airdrop.

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Kringles Finance

Kringles Finance, a revolutionary ecosystem running on both BSC and TBC networks. In this release you will learn about