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Ref Finance

Basic Information

InformationDetails
Project NameRhea Finance (Ref Finance)
Project WebsiteRef Finance
Project DescriptionA decentralized finance (DeFi) platform built on NEAR Protocol, offering liquidity provision, swaps, and yield farming.
Project TickerREF

Airdrop Details

InformationDetails
Airdrop Typeretroactive
Total Airdrop Amount3,000,000 REF
Number of Eligible Users4,601 (757 LPs + 3,844 Traders)
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotJuly 22, 2021
Claiming StartedNot Known
Claiming EndsTwo months after airdrop distribution (Exact date not specified)

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

To qualify for the first airdrop, users must have completed one of the following actions before July 22, 2021:

  • Provided liquidity to any pool at least 3 times.
  • Swapped tokens on the platform more than 7 times.

The 1,000,000 REF token airdrop was distributed as follows:

  • 30% (300,000 REF) was split evenly among 757 liquidity providers.
  • 70% (700,000 REF) was split evenly among 3,844 traders.

Additional Information

  • The remaining 2,000,000 REF tokens will be distributed in future airdrops to encourage further engagement in the Ref Finance ecosystem.
  • Claimed airdrops remain locked for 3 months from July 22, 2021 (until October 22, 2021), and will unlock linearly over 1 month.
  • Unclaimed airdrop tokens after 2 months will be transferred back to the DAO treasury.
This post is licensed under CC BY 4.0 by the author.