CortexDAO Token (CXD) Airdrop is LIVE!

CortexDAO
CortexDAO
Published in
3 min readApr 19, 2022

We are excited to announce the CortexDAO token (CXD) airdrop is now live!

Users are able to view airdrop eligibility and, if eligible, claim the airdrop by heading over to the CortexDAO airdrop page. Welcome to the CortexDAO!

CXD Airdrop Details

1 APY will allow a user to claim ~2.7 CXD. APY Boost-Lockers will be rewarded with up to 50% additional unlocked CXD*

  • Users can view eligibility and claim the airdrop on cortexdao.io.
  • The CXD airdrop will run for 30 days from the time of launch, until 5/14.
  • There will not be a snapshot to determine your airdropped amount.
  • Once a user claims CXD from the airdrop, their APY balance will be frozen until the airdrop concludes.
  • Users will continue to be able to claim airdropped CXD throughout the entirety of the airdrop’s availability

Claiming the CXD Airdrop

The CXD airdrop can be claimed from the CortexDAO airdrop page which will provide a complete walkthrough of the airdrop.

For additional airdrop instructions, please visit the CXD Airdrop documentation.

Bonus CXD For APY Boost-Lockers

APY Boost-lockers will receive up to 50% additional, unlocked CXD. A 50% bonus is awarded assuming they’ve boost-locked their entire APY balance for the maximum, 4-year duration. Aside from the unlocked bonus, APY boost-lockers will claim locked CXD, locked for the same duration as their existing APY boost-lock.

I.E.

  • A 50% bonus assumes a user is boost-locking their entire APY balance for the max boost (4 years).
  • A 25% bonus assumes a user is boost-locking their entire APY balance for half of the max boost (2 years).
  • A 12.5% bonus assumes a user is boost-locking their entire APY balance for 1 year.

Users can boost-lock APY to claim bonus CXD any time before claiming the airdrop.

APY Token Liquidity & Slippage

WARNING: For the entirety of the airdrop, it is highly suggested that users avoid buying or selling the APY token. During the airdrop, liquidity will be shifted from the APY Uniswap and Balancer LP pools, into the CXD Curve2 LP pool. As a result, buying or selling APY may result in very large amounts of slippage until the airdrop concludes.

Eligible CXD Airdrop Participants

  1. APY Uniswap & Balancer Liquidity Providers
  2. APY Token Holders
  3. APY Boost-Lockers.

CXD Airdrop for Unvested Rewards

Previously, the majority (~95%) of APY holders had just 3,500 APY or less vesting. These vesting APY have now become unlocked, claimable, and, once claimed, count toward CXD airdrop eligibility.

Users with more than 3,500 APY vesting will be automatically transferred a monthly CXD airdrop for the duration of their vesting period.

Importing CXD Into MetaMask

In order to import the CXD token into MetaMask, and view your curent available CXD token balance, users must perform the following steps.

  1. Download the MetaMask browser extension.
  2. Connect to the Cortexdao.io homepage.
  3. Log in to MetaMask browser extension (ensuring you have the Ethereum Mainnet network selected).
  4. Scroll down to, and select ‘Import Tokens’.
  5. Select ‘Custom Token’.
  6. In the ‘Token Contract Address’ field, enter the following address: 0x5a56da75c50aa2733f5fa9a2442aaefcbc60b2e6

Stay Connected

Join the Discord

Join the Telegram

Follow the Twitter

--

--