News/Hop Protocol Releases Hop DAO Introduction and Will Distribute Airdrop

Hop Protocol Releases Hop DAO Introduction and Will Distribute Airdrop

May 06,2022,09:36
Cross-chain bridge Hop Protocol has released an introduction to the Hop DAO and will be distributing airdrop of $HOP to early users. It is said that the Hop DAO will manage the ongoing growth and direction of Hop Protocol. In the coming weeks, the Hop Labs team will hand over control of Hop Protocol to the DAO, which will manage day-to-day functions including Whitelist, reward distribution, and management of financial resources. In addition, $HOP tokens will total 1 billion, of which 8% will be airdropped to early adopters. The specific allocations are: 3.35% will be allocated to Hop cross-chain bridge users; 2% to liquidity providers; 2% to Bonders; 0.1% to Hop Protocol's top 500 Discord users and top 79 Twitter users; 0.05% to external contributors; and 0.5% to past deployed accounts of Authereum users who have deployed accounts in the past.
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