News & Updates
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News & Updates

KeyFi DAO Airdrop Snapshot Complete

TL;DR —The snapshot was taken on December 9, 2021. A total of 2.88 million KEYFI were staked. The airdrop will be processed on January 9, 2022.

As part of our efforts to fully decentralize KeyFi and launch KeyFi DAO, we will be airdropping a total of 1,000,000 $KEYFI tokens to our community on January 9, 2022.

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The Results

There was a total of 2.88 million $KEYFI staked upon completion of the snapshot on December 9, 2021.

As the airdrop rewards pool is a total of 1 million $KEYFI, this represents an airdrop ratio of of 1:2.88, or a ~35% gain in your staked token balance.

1 million / 2.88 million = 0.347 or 34.7%

If you staked 1,000 $KEYFI, 34.7% = 347 token airdrop
If you staked 2,000 $KEYFI, 34.7% = 694 token airdrop
If you staked 10,000 $KEYFI, 34.7% = 3,472 token airdrop

Note: Any users that don’t have 100% of those assets staked (as captured by the snapshot) on the January 9th Claim Date, will not qualify for the airdrop.

Next Steps

The Claim Period starts January 9, 2022, aka “Claim Date”.

We will begin airdropping $KEYFI on January 9th for you to claim. You will be able to see your airdropped $KEYFI in the KeyFi app > Earn page before you click “Claim Rewards”:

Again, you need to have 100% of your $KEYFI staked on this date. If you don’t have the full amount of $KEYFI from the December 9th snapshot staked, you will not receive the airdrop.

In the meantime, you’ll continue receiving standard KEYFI rewards and access KeyFi Pro private beta (later this month).

If you have any questions or comments, feel free to drop in our Telegram group or Discord and let us know!

The KeyFi Team 🗝

p.s. Happy 1st birthday to KeyFi! 🎂🥳

About KeyFi

Built from the ground up, KeyFi provides intelligent tools for managing your DeFi portfolio, such as custom strategy builders and yield projection. KeyFi seeks to solve challenges users face when managing their DeFi portfolios, such as juggling multiple wallets/platforms/chains, manually comparing interest rates, and the lack of historical data. This is all in service of KeyFi’s ultimate goal: to become a premier dApp for sophisticated users who want fine grain control over their assets.

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