🎁Claiming Your Airdrop
This guide explains how to claim airdrop
Airdrop Overview
To bootstrap InsureDAO governance, testnet participants（4.2M INSURE）, Special farming rewards（136,500 INSURE）, and DeGenesis rewards（278,913 INSURE）were allocated to our community.
you can claim the airdrop from here.
Testnet rewards:
A total of 4.2M INSURE is allocated to the testnet participants. They can choose vlINSURE or INSURE as testnet rewards.
vlINSURE is the equivalent of convex’s cvxCRV token, which is a token you get for permanently locking your INSURE token. Put another way, this is a tokenized veINSURE. There will be a secondary market of vlINSURE<>INSURE in the future, so users could exit by this(rate should be less than 1:1). Also, about 30% of the community rewards are allocated to the vlINSURE pool now. Its reward is over 1,100 % APR as of now.
“No Tax” to claim vlINSURE, while there is “Tax” to claim INSURE.
Tax rates start from 50% and decrease to 0% in 3 months. The accumulated tax goes to the community treasury which will be utilised by DAO governance in the future.
How to claim Testnet rewards
Please select either the “vlNSURE” or ”INSURE” to claim in the right frame from the Claim tab in the header.
*vlInsure holders need to stake their tokens to earn INSURE.
Stake vlINSURE:
If you have claimed and locked INSURE, and got vlINSURE, you can stake your vlINSURE from the UI “$vlINSURE Staking”
Qualified Participants Rewards:
A total of 278,913 INSURE were allocated to qualified InsureDAO DeGenesis participants.
They have experience using our partners or similar governance model protocols. Also, testnet participants and users who passed InsureDAO Quiz are qualified as well. We believe that they are familiar with InsureDAO, and will be able to contribute more to the development of InsureDAO. Each address is eligible for 10% of the amount in INSURE each address purchased.
Special Farming Rewards:
A total of 136,500 INSURE was distributed to special farming event participants.
To bootstrap our liquidity in InsureDAO Reserve Pool at the launch moment, we prepared special farming. DeGenesis participants who deposited their unswapped USDC into the Reserve pool are eligible for this reward.
How to claim Qualified Participants and Special Farming Rewards
Please claim from the DeGenesis Events Bonus in the middle frame. You can go there from the Claim tab in the header.
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