Early Supplier Airdrop

The Evolve team will reward early users of our protocol by airdropping $EVOLVE tokens to early suppliers! Full details of our tokenomics can be found in our documentations here: Tokenomics. Essentially, 2% of the total $EVOLVE token supply will be used for this airdrop in Cronos.

Airdrop Details

Total Tokens for Airdrop: 2,000,000

Eligibility:

• Supply tokens into lending pools on the Evolve protocol prior to the $EVOLVE token launch. Users will receive the max amount of tokens if they supply for at least 30 days.

Details:

• The amount of $EVOLVE tokens users will receive will be based on how much they supply.
• Users will receive 10% of the average $USD they supply averaged over 30 days
• For example:
• User A: Supply $10,000 of $CRO (or any token) for 30 days — Receive $1,000 in $EVOLVE tokens
• User B: Supply $10,000 of $CRO (or any token) for 15 days — Receive $500 in $EVOLVE tokens

Utility

So what will $EVOLVE tokens even be used for? See below. Not all of these features will be available at launch, but they are all on our roadmap.

• $EVOLVE will be a limited supply governance token for the Evolve Protocol.
• $EVOLVE holders are able to participate in governance and shape the future of Evolve, as well as determine key parameters for the interest rate model, fee rates, and the distribution of protocol fees and reserves accrued to the EVOLVE Protocol.
• $EVOLVE holders can participate in protocol governance by staking EVOLVE for xEVOLVE.
• $EVOLVE will be used in a bribe system where users and protocols will be able to direct the emissions of $EVOLVE token rewards to their preferred lending pools.

Follow Evolve

Twitter: https://twitter.com/evolutionxeco
Discord Group: https://discord.gg/JY2MseKck3
Medium: https://medium.com/@evolutionecosystem
Gitbook: https://docs.evl.finance/