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Drops 05 : BORA token ‘BORA’

Dear members of the KLAYswap community!

Today, we are excited to announce the fifth KLAYswap Drops event — ‘BORA’.

1. What’s the BORA project and BORA token?

BORA is a Blockchain Digital Contents Platform. The team has launched BORAECOSYSTEM to aim at connecting the blockchain with your life. They have been working with various partners such as Gala Lab, Barunson, Studio8, UNIT5, Infoseed, ZENAAD, etc. to secure actual use cases and build a large-scale ecosystem.

With the migration of the mainnet to Klaytn which has proven its performance and stability for specialization of blockchain services on November 1st, 2021, the team is expecting to introduce a variety of services such as metaverse, which is currently being prepared, in the Klayton ecosystem through a close collaboration process within the Kakao community.

BORA token is a virtual asset (cryptocurrency) issued to proceed with the Klaytn-based BORA project and is currently listed on major virtual asset exchanges such as Upbit, Bithumb, Coinone, Upbit (SG), and Upbit (ID). It is used as a governance and utility token in various services prepared by various partners such as BORAECOSYSTEM as well as metaverse service under development with Galalab and Barunson.

2. BORA token Airdrop period and amount, during KLAYswap Drops

BORA token Airdrop will be performed for 7 days, from Nov. 09 to Nov 15. Total amount of BORA token that will be airdropped through KLAYswap Drops will be announced on Nov 05th. The amount each user receives will be dependent on snapshots of vKSP voting power, based on their KSP staking. Tokens can be claimed after Nov 15th, after the airdrop event is over.

3. How to participate in Drops

If you are a user who is currently staking KSP, you are automatically eligible for the new project airdrops Drops offers. Tokens will be airdropped based on the snapshot of the user’s vKSP quantity after KSP staking, and the snapshot will be held once a day at 9:00 am (KST/UTC+9). In order to receive the airdrop, you must have vKSP before the snapshot.

How to stake KSP

4. Token Distribution

- Sales (40%)

- Company reserve (20%)

- Ecosystem (25%)

- Development team, advisors (15%)

BORA token details

5. Project Details

- Official website : https://bora.boraecosystem.com

- Service page (BORAECOSYSTEM): https://www.boraecosystem.com/

- Telegram : https://t.me/boraofficial

- Telegram (KR) : https://t.me/BORAofficial_kr

- Twitter : https://twitter.com/bora_ecosystem

- Medium : https://medium.com/boraecosystem/

- Facebook : https://www.facebook.com/BORAGlobal



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KLAYswap is an AMM-based swap protocol that allows users to swap any KCT token on the basis of KLAY. The active website is https://klayswap.com