Donnie Finance Summer Airdrop to IOST Holders

Published in

IOST

4 min readAug 26, 2021

Hello IOST Community,

As we announced at the beginning of this year, the decentralized finance protocol Donnie Finance team shall airdrop a total of 10% of the Donnie Token supply to IOST holders. The initial 5% of DON supply has been well-received and successfully distributed to the IOST community.

Since the first airdrop of Donnie token, Donnie Finance hits the headline as the top DeFi dApp built on IOST, based on DappRadar, and breaks a record of 27 million Total Value Locked after a month of launch.

Leveraging on its initial success, the Donnie Finance team builds the first IDO platform called IOSTarter, onboarding the first IDO project Witch.io.

Today, we are thrilled to announce the second event of Donnie Airdrop to reward IOST holders on major exchanges with the remaining 5% of Donnie Token Supply. An announcement will soon be made that will detail all participating exchanges. Please find updates below

How to participate:

Airdrop will be conducted on exchanges, which will be announced over the coming days. We will be updating IOST snapshot DON Airdrop support exchanges on Twitter or Medium.

Donnie airdrop ratio

Total distributing amount for the event: 5% of Total DON supply
All users holding IOST tokens on participating exchanges at the time of the snapshot will automatically receive the DON token.

For example,

Case A: if only A exchanges participate in the airdrop event, A exchanges will receive all of the 5% of Don token supply
Case B: Two exchanges (Exchange A & Exchange B) participate in the event. As of the snapshot at 8:00 AM (UTC), 30 September 2021, Exchange A has a total of 30,000 IOST, and Exchange B has a total of 70,000 IOST. Participating Exchanges A and B will receive a 3:7 ratio of 5% DON token, and distribute accordingly and proportionally to their respective IOST holders.

DON snapshot date

30 Sept 2021 (Thursday) 8:00 AM (UTC)
Snapshot will be taken first block created after Sept 30, 8:00 AM (UTC)

Release schedule

Airdrop will be distributed to exchanges within a week from the snapshot date. (The exact date of the distribution may vary from exchanges).

For exchanges, if you wish to support IOST snapshot DON airdrop, please contact the IOST foundation.

About Donnie Finance

Donnie Finance is a Korea-based decentralized platform that is built on IOST blockchain and uses top-notch technology to offer decentralized financial services. The DeFi protocol is powered by its governance token DON which is an ERC-20 token.

Donnie Finance plans to launch a total of seven products starting with the launch of the Yield Farming Pool in February. This will be followed by the launch of the first All-In-One DeFi platform that will include services like DEX, Loan, Checking & Saving, Portfolio Management, Credit Analysis, and Payment.

In the latest news, Donnie Finance launches the very first IDO platform- IOSTarter on IOST and continues adding more values to the IOST community.

Donnie Finance is fully audited by and secured by cybersecurity firms Halborn and SLOW MIST. It has also secured a number of partners, including IOST, HUSD, CObak, Tpay, and DeFi Code. To learn more about Donnie Finance, visit its website and medium page.

Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute any investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss which players may experience. Please get in touch with the DApp team directly for any questions.

About IOST

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by major financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflective of our true desire to be the best in the sphere.

Being one of the public chain leaders in terms of adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has the ever-expanding 500,000 community members in over 20 countries, over 400 nodes, a top staking economy, symbiotic relationships with corporations dotted worldwide.

If you would like to hang out with the IOST community on chat, social media, or to discuss product development, we have something for everyone:

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