DF Airdrop — A Salute to Lendf.Me Users

dForce
dForce
Published in
2 min readMay 27, 2020

In the “Lendf.Me Resolution, Part II: dForce “Better Future” Proposal”, we mentioned our “Better Future” proposal with a salute to Lendf.Me users. We sincerely thank our users who have long supported and encouraged dForce throughout this time and we have decided to show our appreciation with an airdrop of 2,000,000 DF tokens.

(1) User Entitlement:

Entitled users: Addresses with positive net value at block “9900772” will be entitled to receive airdropped DF token (exclusive of addresses with zero balance at the same block).

Net value calculation: The net value equals total supply value minus total outstanding loan value.

(2) Quantity of Airdrop:

We will airdrop a total of 2,000,000 DF tokens. The number of DF token that will be airdropped to each address will be calculated using the formula = 2,000,000 * the net assets (in USD) / total net assets (USD) of the address at Lendf.Me.

For example, the net assets of address A is 100,000 US dollars, accounting for approximately 0.4% of the total net assets. Thus, DF tokens that will be available for address A is 2000000 * 0.4% = 8000, and so on.

(3) Airdrop Schedule:

Airdropped DF token will be unlocked in two tranches, the first tranche will be unlocked on 28th May 2020, and the second tranche will be unlocked on 28th November 2020.

(4) Claiming Airdrop:

Lendf.Me users will need to access https://airdrop.dforce.network/ from 10:00am UTC+8, 28 May 2020 till 10:00am UTC+8, 31 May, 2021, unlock Metamask or choose their wallet to log in. Users will be able to see their current available quantity and simply click on “Claim” to receive the unlocked portion.

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dForce
dForce
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