Cross-Chain Project Connext Initiates Airdrop of 105 Million $NEXT Tokens, Starting Today

Cross-Chain Project Connext Initiates Airdrop of 105 Million $NEXT Tokens, Starting Today
Source: Connext

After considering the completion of the Community Sybil Hunter programme, the Layer2 interoperability protocol Connext has finalized the tokenomics of $NEXT. The total airdrop size is 105,631,496.18 tokens, distributed to 57,801 airdrop wallets, with a circulating supply at launch of 106,841,704.25 tokens and a community allocation of 62,600,196.08 tokens.

Connext is conducting a $NEXT token airdrop for early users on Polygon, Arbitrum, Optimism, and Gnosis Chain, starting from September 5th. The claiming address is: https://airdrop.connext.network/

The NEXT token will be used to govern Connext’s ecosystem through a decentralized autonomous organization. In the future, the token will have the additional function of decentralizing the network by allowing activities such as cross-chain routing and token listings to be completely permissionless. This will be done through the staking of Next tokens, subject to DAO approval.

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