VitaDAO plans to distribute 6.9 million BIO to VITA and VitaDAO IPT holders

2024-12-25 10:16:16
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ChainCatcher message, the VitaDAO community has initiated a new proposal to "airdrop BIO tokens to the VitaDAO community" to strengthen the connection between BIO and the VitaDAO community, while coordinating governance participation by distributing tokens to active VITA and VITA IPT holders.

The proposal suggests distributing up to 6.9 million BIO tokens (from a total allocation of 21 million from VitaDAO) to the VitaDAO community through an airdrop mechanism. The distribution will be based on multiple snapshots targeting VITA token holders and VITA-IPT holders, and the airdrop will use a tiered system to ensure fair distribution among different holder categories. The implementation period for the claiming mechanism is 2 months (January 2025 - March 2025).

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