ChainCatcher news, the DeFi premium derivatives trading platform Coral Finance has announced the launch of an airdrop reward decay plan for its key ecological product Tyndall PASS. A total of 1,000 Tyndall PASS will be issued, and for every 100 sold after the 600th Tyndall PASS, the number of airdrop rewards received by holders will be correspondingly reduced.It is reported that Tyndall PASS serves as a certificate for early users to participate in platform construction, and in the future, holders will enjoy multiple platform benefits, including exclusive events, priority participation in features, and premium income sharing. Recently, the official announcement also revealed the 2.0 version of the premium pool, which will enhance users' capital utilization efficiency and experience through mechanisms such as unilateral liquidity pools and APR rebalancing.

ChainCatcher news, Coral Finance will officially launch and have a limited sale of the "Tyndall NFT PASS," with an initial sale quantity of 1000 pieces.As an important component and one of the products of the platform, Tyndall PASS holders can obtain, but are not limited to, airdrops, community benefits, priority participation in events, and various other rights. Tyndall PASS will also provide special incentives for node holders in the Nautilus Chain ecosystem, rewarding users for their active participation in the ecosystem and platform development. After the official launch of Tyndall PASS, users can purchase this product by logging into the Coral Finance official website and entering the dedicated Tyndall PASS page.It is reported that the first Layer3 modular public chain, Nautilus Chain, will officially launch its mainnet soon. As the first premium derivative trading platform of this ecosystem, Coral Finance will engage in deep cooperation with Nautilus Chain's ecological projects, support its long-term development, and actively explore more possibilities in the DeFi field.