Coral Finance will airdrop for Zepoch nodes, and the Nautilus ecosystem airdrop season begins

币师10000bnb · 2023-07-26T11:20:10.000Z

With the launch of the Nautilus Chain mainnet, more than 70 projects in the ecosystem are currently being launched on the chain. In the early stages of the ecological development of Nautilus Chain, it promised that some native projects on the chain would issue airdrops of project tokens to Zepoch node holders. On the one hand, it would serve as security fees for these projects on the chain, and it was designed to encourage users to carry out projects on these protocols. Early interactions to help them complete their early launch on the Nautilus Chain. PoseiSwap is the first DEX on Nautilus Chain. As the first DeFi application launched on the Nautilus Chain test network, it has issued 7% (7 million) of the total POSE tokens to Zepoch node holders in three phases. The more addresses holding Zepoch nodes, the more POSE token airdrops will be obtained.

With the launch of the Nautilus Chain mainnet, the ecosystem has more than 70 projects that are being launched on the chain. In the early stages of the development of the Nautilus Chain ecosystem, it promised that some native projects on the chain would issue project token airdrops to Zepoch node holders, which would serve as security fees for these projects on the chain and aim to incentivize users to interact early on these protocols to help them complete their early launch on the Nautilus Chain.
PoseiSwap is the first DEX on Nautilus Chain. As the earliest DeFi application launched on the Nautilus Chain test network, it has distributed 7% (7 million) of the total POSE token airdrops to Zepoch node holders in three phases. The more Zepoch nodes an address holds, the more POSE token airdrops it will receive.
After PoseiSwap completed three rounds of airdrops, Coral Finance became the second Nautilus Chain ecological project to issue airdrops for Zepoch nodes. At present, Coral Finance has basically confirmed the distribution of airdrops, but has not yet announced the specific details.
Coral Finance is mainly built on Nautilus Chain and is currently the first derivatives protocol on the chain. The biggest feature of this protocol is the "liquidity premium" mechanism, which can provide a steady stream of effective liquidity for on-chain assets. At the same time, the premium incentive mechanism (PIM) based on this can also bring 2 to 5 times the premium income to users.
As the first modular Layer3 chain in the industry, Nautilus Chain can provide Coral Finance with different underlying support, including efficient, secure, and private transactions. This also allows Coral Finance to take the lead in the startup and early operation stages, providing users with a better trading experience. With the development of Nautilus Chain, it is expected to bring a large amount of funds and user traffic to Coral Finance. The technical advantages provide a driving force for the development of Nautilus Chain, which will deeply empower Coral Finance.
Coral Finance Upcoming Airdrop
In fact, Coral Finance plans to airdrop 5% of the total CORL tokens, of which 3% are planned to be airdropped to Zepoch node holders and the other 2% to early contributors to Coral Finance.
Judging from the airdrops that PoseiSwap has issued to Zepoch nodes, Zepoch node holders can basically spread the cost of purchasing nodes, and even make a lot of money from it. In addition, the time and number of Zepoch nodes held by holders will also be the main considerations for the number of airdrops received. Although Coral Finance has not announced the airdrop details, we can generally refer to the airdrop rules of PoseiSwap.
Of course, the purpose of the Coral Finance airdrop is also mainly to help the early launch of its own ecosystem, so Zepoch node holders need to complete the interaction in Coral Finance to obtain airdrop qualifications in advance.
In addition to the 3% Zepoch airdrop share, the remaining 2% of the airdrop will be used for early contributors. The prerequisite for obtaining this part of the airdrop is to have outstanding transaction data on Coral Finance, etc. Therefore, early interactive users on Coral Finance need to pay more attention to the early interactive transaction volume to obtain qualifications. At present, Coral Finance has not yet announced the specific airdrop rules and regulations.
Coral Finance is a project that Zebec Labs and Nautilus Chain focus on. It has previously received an early investment of US$1.5 million from Zebec Labs, which continues to provide it with incubation resources.
Nautilus Chain mainnet is launched, and a new airdrop season may be ushered in
Currently, Nautilus Chain has launched the mainnet, which means that early projects will be launched and started on the mainnet one after another. After PoesiSwap and Coral Finance are launched and airdrops are distributed, it means that the Nautilus Chain ecosystem is about to usher in a new airdrop season, and Zepoch node holders will also usher in a new dividend era.
Currently, only in the early stage of Nautilus Chain ecosystem development, the number of Zepoch nodes sold is about to exceed 3,600, and the total number of Zepoch nodes is only 30,000. In addition, for every 50 nodes added to the network, the cost of becoming a node will increase by 0.5%. The sooner you hold the cost, the sooner you will benefit.