With the launch of the Nautilus Chain mainnet, more than 70 projects in the ecology are currently being launched on the chain. In the initial stage of Nautilus Chain's ecological development, it promised that some native projects on the chain will issue project token airdrops to Zepoch node holders. Early interactions to help them with their early launch on Nautilus Chain.
PoseiSwap is the first DEX on the Nautilus Chain. As the earliest DeFi application launched on the Nautilus Chain test network, it has issued a total of 7% (7 million pieces) of POSE tokens to Zepoch node holders in three phases. The more addresses that hold Zepoch nodes, the more airdrops of POSE tokens they will get.
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 specific details.
Coral Finance is mainly built on the Nautilus Chain, which is currently the first derivatives agreement on the chain. The biggest feature of the protocol is the "liquidity premium" mechanism, which can provide a steady stream of effective liquidity for assets on the chain. At the same time, the premium incentive mechanism (PIM) based on this can also bring users 2~5 Double the premium income.
As the first modular Layer3 chain in the industry, Nautilus Chain can bring different underlying support to Coral Finance, including transaction efficiency, security, privacy, etc. Take the lead and bring users 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, and the development momentum provided by the technical advantages of Nautilus Chain will deeply empower Coral Finance.
Coral Finance Upcoming Airdrop
In fact, Coral Finance plans to airdrop 5% of the total CORL tokens, 3% of which are planned to be airdropped to Zepoch node holders, and the other 2% to be airdropped to early contributors of Coral Finance.
Judging from the previous airdrops issued by PoseiSwap for Zepoch nodes, Zepoch node holders can basically even out the cost of purchasing nodes, and even get a lot of profit from it. And the time and number of Zepoch nodes of the holders will also be the main considerations for obtaining the number of airdrops. Although Coral Finance has not announced the airdrop rules in detail, we can generally refer to PoseiSwap’s airdrop rules.
Of course, the purpose of the Coral Finance airdrop is mainly to help the early start of its own ecology, so Zepoch node holders need to complete the interaction in Coral Finance to obtain the airdrop qualification in advance.
In addition to the 3% Zepoch airdrop share, the remaining 2% airdrop will be used for early contributors. The prerequisite for obtaining this part of the airdrop is that there are outstanding transaction data on Coral Finance, so early interactive users on Coral Finance need to pay more attention Early interactive volume to qualify. Currently, Coral Finance has not announced specific airdrop rules and details.
Coral Finance is a project focused on by Zebec Labs and Nautilus Chain. Previously, it received an early investment worth $1.5 million from Zebec Labs and continued to provide it with incubation resources.
Nautilus Chain Mainnet Launched, May Usher in a New Airdrop Season
At present, Nautilus Chain has launched the main network, which means that early projects will be launched and launched on the main network one after another. After PoesiSwap and Coral Finance go online and distribute airdrops one after another, it will mean that the Nautilus Chain ecology is about to usher in a new airdrop season, and Zepoch node holders will also usher in a new era of dividends.
At present, only in the early stage of Nautilus Chain's ecological development, the number of Zepoch nodes sold is about to exceed 3,600, and the total number of Zepoch nodes is only 30,000, and the cost of becoming a node will increase by 0.5% for every 50 nodes added to the network. There are costs that will benefit early.